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BEST - Indebtedness

Economy | Czech Republic | February 13, 2014
Excel Sheet

In line with the macro trends, the Company's sales have been falling since 2008. In 2012, sales reached CZK 834 mil, down 23% from the Company's record year 2008. Profit fell even more (by 77% against 2008) to only CZK 22 mil in 2012.

In spite of the deteriorating profitability, BEST's indebtedness remains low. Net debt amounted to only 23% of the Company's equity at the end of 2012.