TOYA's e-commerce sales channel is a strong card - report for the first quarter of 2024

TOYA's e-commerce sales channel is a strong card - report for the first quarter of 2024

On May 10, 2024, TOYA S.A. released financial results for the first quarter of 2024. Revenues in the e-commerce channel increased by 101%!

TOYA Capital Group sales revenues for the first quarter of 2024 amounted to PLN 195,647 thousand, which is 11.8% more than in the same period of 2023. The net profit of Group for the first quarter of 2024 was PLN 16,262 thousand compared to PLN 13,587 thousand in the first quarter of 2023.

Sales revenues for the 3-month period of 2024 were higher compared to revenues in the corresponding period of the previous year, mainly in the e-commerce retail sales channel - by PLN 11,158 thousand (i.e. 101%) and in foreign sales - by PLN 10,787 thousand (i.e. 19%). There was a slight increase (by PLN 1,732 thousand, i.e. 9%) in the retail network channel. A decrease in sales was noted in the wholesale sales channel (a decrease of PLN 3,058 thousand, i.e. 3%), influenced by lower sales in this channel in Romania.

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