Record revenue by Otto

By: trademagazin Date: 2007. 06. 22. 00:00

The world greatest multichanel retailer finished last business year with Euro 15.3 billion revenue.

 First of all the demand abroad grew, the profit before taxation
was 11 % higher, y/y and gains the 507 million euro. According to company's plan
this year will be 3-4% circulation expand and a stable profit growth.

The domestic income was 7.1 billion euro, 3,8% higher than a year
before, flares in North America with 11%, in Europe 5,5 %, in Asia 4,8 %. The online
revenue passed the 4 billion euro, so now Otto is the second biggest online
retailer, after Amazon company.  


 

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