The consolidated revenue of Magma Group for the first nine months of this year amounted to 690.9 million kuna, which is 22.9 percent higher than the revenue achieved in the same period last year, it was announced today by the trading company.
The total revenue of Magma d.d. (Croatia) amounted to 636.9 million kuna, što je 17,8 posto više od prihoda ostvarenog u istom razdoblju prošle godine. The consolidated gross margin is 314.4 million kuna, što je 17,7 posto više od bruto marže ostvarene u istom razdoblju prošle godine. The retail chain Turbo Limač (68 stores) achieved total revenue of 298.4 million kuna, što je porast od 36,9 posto u odnosu na isto razdoblje prošle godine. Stores that have been operating for more than 13 months (Like for like comparison) recorded an increase of 7.3 percent.
The retail chain Turbo Sport (26 stores) achieved total revenue of 150.9 million kuna, što je porast od 26,6 posto u odnosu na isto razdoblje prošle godine. In a like-for-like comparison, the Turbo Sport chain recorded an increase of 2.3 percent. The retail chain of Magma’s fashion franchise stores (56 stores) achieved total revenue of 203.6 million kuna, što je porast od 10,7 posto u odnosu na isto razdoblje prošle godine. In a like-for-like comparison, the fashion store chain recorded a decrease of 13.4 percent. Magma Group reported a consolidated loss of 38.1 million kuna, što je posljedica pada prodaje u Magminom lancu franšiznih modnih trgovina te slabijih prodajnih rezultata u Mađarskoj, Sloveniji i Srbiji. Magma d.d. (Croatia) reported a loss of 19.4 million kuna, and as in the Group, the majority of the loss was generated by weaker sales results in the fashion franchise stores, according to the announcement to the ZSE.
