Net profits doubled at the biggest Czech online food retailer, Rohlik, with its last financial year figures reaching CZK 40 million. Its EBITDA of CZK 115 million was produced with revenues of CZK 4.2 billion. Most online retailers have been experiencing enormous growth since the coronavirus crisis erupted, but what’s impressive in this case is that Rohlik’s financial year ended on April 30. Having outgrown the Czech market some time ago, Rohlik is now looking to expand in a variety of European cities, according to its founder Tomas Cupr. Along with Bucharest, Cupr is looking at Berlin, Milan and Turin in northern Italy. His forecast for revenues are just as ambitious: CZK 8 billion.
