The footwear retailer CCC posted a net profit of PLN 77.2m in the fourth quarter of 2013, up from the PLN 43.5m profit it posted in Q4 2012. CCC’s operating profit rose to PLN 102.9m in Q4 2013, up from PLN 58.1m in Q4 2012, beating the market’s forecast of PLN 98.6m. Revenue for the group expanded to PLN 582.9m, marking a 33.7-percent increase year-on-year. Analysts polled by the Polish Press Agency PAP had predicted revenues of PLN 567m for the fourth quarter of the year.
CCC’s retail network reached 712 stores at the end of December 2013, totaling 224,200 sqm of space, including 154,300 sqm in Poland.
