Inter Cars S.a.GPW: CAR

CAR: Strong H1 sales growth and margin resilience despite FX headwinds and market fragmentation

· Issued by Inter Cars S.A.

Sales grew 8% in PLN and 15% in EUR in H1 2024, with net profit down 3% due to FX impacts but up 23% in Q2. Organic growth outpaced competitors, especially in passenger vehicles, while investments in logistics and automation support a positive long-term outlook.

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