Datart International sales down by CZK 537m in 2009
2010-02-16
The consumer electronics retailer Datart International reported sales revenues of CZK 4.1bn for the 2009 fiscal year (beginning in May 2008 and ending in April 2009). This figure represents a decline of CZK 537m (€20.6m) compared to the previous year, reported Hospodarske Noviny. Net profit, in contrast, increased to CZK 94.6 m (€3.7m), up from below CZK 79 m (€3m) in the previous year.
Revenues from the sale of consumer electronic between January and September 2009 decreased by approximately 9% to CZK 47bn (€1.8bn), according to GfK. In Q3 2009 the pace of decline was more pronounced, at around 12%.
Datart International operates 29 stores in the Czech Republic.
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