Billa Czech Republic - Indebtedness

Economy | Czech Republic | February 13, 2014
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Excel Sheet

BILLA has nearly tripled its sales in the Czech Republic over the last decade to more than USD 1 bil. Following the record year of 2010, however, when the Company made a net profit of CZK 368 mil, the profitability turned into the red figures in 2011-2012.

In spite of the losses, BILLA's net debt has fallen from 51% in 2010 to only 14% in 2012.