On 29 May, ACTION S.A. Capital Group published its financial results for the first quarter of this year, in which it achieved a revenue of 615,578 thousand PLN, a 5% increase compared to the same period of the previous year and maintained a margin of 8.62%. Net profit amounted to PLN 15 931 thousand.
In the first quarter of 2024, the Company continued its chosen strategy, namely the development of e-commerce in the B2C and B2B areas in Poland and the EU. Looking at the dynamic changes taking place in the markets both in terms of trade and the development of technology and consumer habits, the Company focused its attention on processes optimising costs and efficiency, thus preparing for the new challenges that the future will bring. Implementing a new ERP system, implementing AI solutions, changing structures, reducing costs, moving e-commerce projects to new, more efficient platforms - these are the key tasks on which the company focused in the first quarter of this year and continues to do so. In addition, ACTION S.A. finalised the acquisition of PomoceDlaSeniora.pl - an online shop with products that make everyday life easier for seniors, people with disabilities and their caregivers. In the reporting period, the Company sold a plot of land in Kraków worth PLN 18.8 million.
We see that the market is still very demanding. The geopolitical situation is not helping. The process of cautious consumption, of Poles saving more, is intensifying. That is why we are constantly taking appropriate steps to respond even faster and better to the challenges offered by a dynamic world. We are focusing on optimising and transforming our business towards the use of modern technologies, which will bring measurable results in the long term – says Piotr Bieliński, President of the Management Board of ACTION S.A.
