Research (J&T BANKA)
Czech markets  |  November 01, 2012 08:58:53

AAA Auto rose in 3Q net profit up by 261%, sales grew by 23%


AAA Auto today announced results for the 3Q12, confirming the growing economic trend evident for several quarters. The company's revenues grew by 22% to EUR 88 million due to a higher number of cars sold. Continue the company managed to increase the profit margin before depreciation EBITDA, mainly due to the growing use of financial services firms. EBITDA rose by nearly two thirds to 9.5 million. Net income nearly tripled, while the main role played by lower interest expense due to lower debt. The Group expects net profit for 2012 of about 20 million. The results positively.

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AAA Auto zvedla ve 3Q čistý zisk meziročně o 261%, tržby rostly o 23%

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