Mercator returns to profit in H1

Ljubljana – Retail group Mercator posted a net profit of EUR 10.6 million in the first half of the year after reporting a loss of EUR 69 million in the same period a year ago due to property revaluation and writedowns. Sales revenue was down 0.4% to EUR 1.1 billion. Releasing the semi-annual results on Thursday, Mercator said despite the slight decline in sales revenue, the figure is up 3.9% from the comparable pre-Covid period two years ago. Retail sales revenue was down 1.3% compared to the first half of…

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