Velenje, Slovenia, 24.5.2013
Gorenje Group performance in the first quarter of the year was consistent with the expectations, considering the challenging restructuring of manufacturing operations and the 2.6-percent drop in demand in Europe. Revenue of EUR 289.4 million was down 1.4% relative to first quarter of the year before, due to the drop in revenue from portfolio investments and waste management services. On the other hand, the Group's revenue from the core activity of home products and services rose by 0.5%, especially due to growth of sales in the Eastern Europe.
Gorenje, d.d. has a silent period of 15 days before each quarterly financial report announcement. During the silent period the company will not arrange meetings with investors, analysts, or the media.