E-commerce and export lead the sales growth for TOYA S.A. - report for the first half of 2024

E-commerce and export lead the sales growth for TOYA S.A. - report for the first half of 2024

On August 28, 2024, TOYA S.A. published its financial results for the first half of 2024. TOYA S.A. reported an increase in revenue and profit compared to the first half of 2023.

In the first half of 2024, sales revenue amounted to 397,867 thousand PLN, which was 29,873 thousand PLN higher than the revenue achieved in the first half of 2023. The higher gross profit from sales, up by 14,625 thousand PLN (i.e., 12.1%) in the analyzed period of 2024 compared to the corresponding period of 2023, was mainly due to increased sales revenue.

The increase in sales was primarily recorded in the retail channel, mainly in e-commerce (up by 18,266 thousand PLN), as well as in the export channel (up by 15,883 thousand PLN). A significant factor influencing the sales level was the good availability of goods in the Polish market and competitive prices.

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