May 23 (SeeNews) - Slovenian retailer Mercator [LJE:MELR] said on Wednesday it booked a consolidated net profit of 1.9 million euro ($2.2 million) in the first quarter, compared to a restated loss of 4.9 million euro in the same period last year.
Consolidated revenues rose 1.3% on the year to 515.8 million euro in the three months through March, the retailer, which has operations also in Serbia, Croatia, Bosnia, and Montenegro, said in its Q1 2018 financial report filed with the Ljubljana bourse.
Mercator Group's revenue in the core activity of retail expanded by 8.8% relative to the comparable period of the previous year.
The company's consolidated EBITDA reached 25.8 million euro, topping the comparable last year's figure by 36.5%.
($=0.853553 euro)
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