March 30, 2018 / 5:51 AM / 8 months ago

BRIEF-Wittchen FY Net Profit Rises To 21.9 Mln Zlotys

March 30 (Reuters) - Wittchen SA:

* REPORTED ON THURSDAY FY NET PROFIT OF 21.9 MILLION ZLOTYS VERSUS 20.3 MILLION ZLOTYS YEAR AGO

* FY REVENUE 215.0 MILLION ZLOTYS VERSUS 170.3 MILLION ZLOTYS YEAR AGO

* FY EBITDA 40 MILLION ZLOTYS, UP 33 PERCENT YEAR-ON-YEAR

* FY GROSS MARGIN 55.9 PERCENT VERSUS 56.1 PERCENT YEAR AGO

* ADDED 8 RETAIL STORES IN 2017 TO 88 AT END-YEAR, INCREASING TOTAL GROSS COMMERCIAL SPACE BY 10.4% PERCENT TO 6,891 SQUARE METERS

* PLANS TO INCREASE ITS NETWORK TO 100 STORES AT END-2018

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Further company coverage: (Gdynia Newsroom)

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