Dacia revenues up 24.5% to 7.2 billion RON

Carmaker Dacia’s revenues went up by 24.5% last year, from 5.78 billion RON (1.63 billion euros) to 7.2 billion RON (2.15 billion euros), whilst the net profit of the carmaker increased by 17.2% from 377.27 million RON (107 million euros) to 442.34 million RON (132.54 million euros).
At the same time, reads the daily Ziarul financiar, expenses went up by 24.1% from 5.36 billion RON to 6.66 billion RON, so that the gross profit posted by Dacia stood at 541 million RON (162.2 million euros). Turnover went up by 24.8% from 5.55 billion RON (1.57 billion euros) to 6.93 billion RON (2.07 billion euros).

Dacia has debts that have to be paid in less than one year worth 1.76 billion RON, while such debts amounted to 1.29 billion RON in the previous year. At the same time the debts Dacia has to pay in more than one-year amount to almost 115,000 RON. At the beginning of 2007, Dacia saw receivables worth 780.69 million RON, which went up by 20% to 939.61 million RON.
The company mentions in the petition filed with the Arges County Court of Law to sue the union of the factory that it will allocate the entire 2007 profit to restore its net asset, as a result of losses from before 2005.
With 230,000 vehicles sold last year, Dacia posted a 17.4% sales increase on 2006. A total of 102,062 units were sold in Romania, with the best-selling model being the Logan Sedan.
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