News
August 2016
Monday, 22nd August 2016, Velenje, Slovenia
Sales and profits continue to grow
Gorenje Group continued its successful performance in the second quarter of the year. Thus, we wrapped up the first half of 2016 with revenue of EUR 581.3 million, operating profit (EBIT) of EUR 16.7 million, and net profit of EUR 2.1 million. Positive impacts in the period included further growth of small and major domestic appliance sales, favourable geographic distribution of sales, and higher sales and market shares for premium and innovative appliances in all product categories. Adjusting for currency translation differences, our core activity saw 8-percent organic revenue growth relative to the first half of 2015. Innovative and premium appliances under the Gorenje and Asko brands, yielding higher profits, will also be showcased at the industry's largest tradeshow IFA in Berlin in early September. Nearly 500 new hirings in Slovenia this year.