Losses narrowed to RON1.2 million from RON4.3 million in the first quarter of 2024, the group said in its first quarter financial report published on the Bucharest Stock Exchange.
Vrancart’s performance in the first quarter of 2025 was affected by the decline in sales volumes, which led to lower revenue than in the first quarter of 2024.
Vrancart has a capitalization of RON197 million. Lion Capital holds the controlling interests and shareholders include the Paval brothers (DIIY retailer Dedeman), who own 17.3% in it.
(Loredana Fratila-Cristescu)