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The Warsaw Voice » Business » May 9, 2014
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CCC retail eyes 2014 net profit above PLN 200m
May 9, 2014   
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Footwear retailer CCC expects to post 2014 net profit safely above PLN 200 million, deputy CEO Piotr Nowjalis said on Thursday.

CCC reported a consolidated net profit of PLN 400,000 in Q1 2014, roughly in line with expectations for PLN 1.2 million profit and better than almost PLN 40 million loss posted a year earlier, Q1 financial statements showed.

Nowjalis also said that the company will go "full steam ahead" with store openings in Austria, Slovenia, Croatia and Germany, as "we are absolutely sure that those are markets for us," while Turkey remains "a question mark" after sales results in the pilot phase disappointed.

CCC expects a positive EBIT on one of the new markets in 2014, near-break-even on the remaining markets, he added.
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