The financial result is in line with the expectations with the local representatives of the company, who in September estimated turnover would remain flat from 2022.
In the past 10 years, iSTYLE business in Romania has risen by rates of between 3% and 198% each year.
In terms of net profit, iSTYLE network of Romania posted a decline last year, of 16% against 2022, to RON15 million.
The company had 104 employees on average in 2023, 2% more than in 2022.
(English version by Catalina Apostoiu)