The Slovenian retail chain Mercator announced on Tuesday that it achieved 658.4 million euros in sales revenue in the first three months of this year, which is 2.6 percent less than in the first quarter of last year, and recorded a loss of 8.6 million euros.
Mercator’s director Toni Balažič stated that the recorded loss is within the plan and that he expects Mercator’s business result to be positive by the end of the year, as reported by the Slovenian Press Agency STA.
Details about Mercator’s operations will be presented by the management at a press conference on Wednesday, according to announcements.
