Lidl Czech Republic - Indebtedness

Economy | Czech Republic | March 2, 2014
Excel Sheet

Since its entrance to the Czech Republic in 2003, Lidl has increased its sales more than 6-fold to over CZK 23 bil in 2011. From heavy losses exceeding CZK billion in 2003-2004, the Company has achieved a net profit of nearly 1.2 bil with ROE of 12.5% in 2011. As a result, Company's net dropped from 150% of equity to only 57% at the end of 2011