ACTION SA: Summary of results for Q3 2024

In the third quarter of this year, revenues amounted to PLN 627,489 thousand and net profit was PLN 6,165 thousand. The margin remained at 8.02 percent. The company maintained a stable financial position with declining consumption, and continued to work on new projects and system implementations, which is expected to strengthen results in future periods. 

ACTION S.A. in the third quarter carried out activities related to the development of e-commerce sales channels, covering both B2C and B2B segments, and focused on optimizing operating costs. Faced with a slowdown in household consumption and decelerating investments, as well as the challenges posed by the difficult macroeconomic situation, the company focused on the development of modern technologies that increase operational efficiency and adapt the company to changing market conditions. 

A number of the work we are currently doing and the steps we are taking are building a solid foundation for future growth. We are working on the cost side of the business, and in parallel we are preparing for the implementation of new systems so that the company will be well prepared when the market returns to growth. We are consistently developing business in the B2C e-commerce space, where we maintain a stable level of the number of shipments despite the difficult time for trade,” says Piotr Bielinski, CEO of ACTION S.A.

In the period under review, the number of B2C e-commerce shipments amounted to 801,452 thousand units, an increase of 22 percent compared to the third quarter of 2023. Meanwhile, in the B2B distribution area, ACTION S.A. is not only intensively expanding its product portfolio, but also focusing on business partnerships in the enterprise area.

In the B2B field, we are focusing on developing sales of advanced solutions through the Action Business Center Enterprise division. We are expanding distribution cooperation, partnerships and developing our offerings. This allows us to offer business customers high-end enterprise solutions based on the expert know-how of our team and the equipment we have on offer thanks to structured cooperation with manufacturers,” adds Slawomir Harazin, Vice President of the Management Board of ACTION S.A.