Rieker
"Shoes of Russia" in profit
12.11.2012 4759

"Shoes of Russia" in profit

The Obuv Rossii Group of Companies has summed up its financial results for 9 months of 2012. The company's revenue for this period amounted to 1,81 billion rubles, an increase in relation to the same period in 2011 - 58%.

Net profit increased 2,8 times to RUB 189 million. EBITDA amounted to RUB 305 million, an increase of 97%. EBITDA margin - 16,85% (for nine months of 2011 - 13,46%).

In the third quarter Obuv Rossii announced a number of investment projects in the field of production development. The company will build a new production and logistics complex in the city of Ob, Novosibirsk region. This will allow expanding production in Novosibirsk from 350 thousand pairs to 500 thousand pairs of shoes per year, the total area of ​​the distribution center will triple. Obuv Rossii will also invest 1,4 billion rubles in opening a shoe factory in Cherkessk. The project has already received approval from the Ministry of Regional Development of the Russian Federation, the press service of the company reports.

The Obuv Rossii group of companies summed up the financial results of the 9 months of the 2012 year. The company's revenue for this period amounted to 1,81 billion rubles, an increase compared to the same period of the 2011 year - ...
5
1
Rating
Euro Shoes Exhibition

Latest News

Detsky Mir Group recorded a net loss of 1 million rubles in the 2022st quarter of 517

According to the IFRS financial statements of Detsky Mir Group for the 1st quarter of 2022, which ended on March 31, 2022, the group's net loss amounted to RUB 517 million. against a net profit of 1,3 billion rubles received in the same period last…
18.05.2022 50

Both opened a new boutique in China with a remarkable design

Paris-based footwear brand Both has opened a new store in Xi'an, Shanxi Province, China, which is interesting primarily for its non-trivial design, translating the DNA of the brand and creating an atmosphere for the best presentation…
18.05.2022 53

Modest Fashion Day in Kazan

This week, on May 19-20, within the framework of the XIII International Economic Summit "Russia - Islamic World: KazanSummit 2022", Modest Fashion Day will be held, organized by the Investment Development Agency of the Republic of Tatarstan in cooperation and…
17.05.2022 166

Polish CCC and Swedish Vagabond Shoemakers stop working in Russia

One of the largest shoe companies in Central Europe, the Polish CCC, announced on the home page of its online store that it would stop working in Russia. The announcement of the temporary suspension of the online store and retail network in Russia also…
16.05.2022 241

Portuguese startup Zèta and Nespresso launch sneakers made from coffee grounds

The collaboration between Portuguese fashion company Zèta and Nespresso coffee maker resulted in the creation of a pair of sneakers, the upper and sole of which contain recycled coffee grounds.
16.05.2022 209
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning