Record revenue by Otto
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.
Related news
Related news
The Joy of Giving! – SPAR stores collect non-perishable food for people in need
The Hungarian Maltese Charity Service and SPAR Hungary have launched…
Read more >Price increase at Magyar Posta: this is how much the most common postal services will cost in 2025
Magyar Posta’s goal remains to provide its services efficiently and…
Read more >Nébih: LPP Hungary Kft. has recalled a ceramic bowl with a reindeer motif
The SINSAY brand ceramic bowl with a reindeer motif is…
Read more >