At the end of June, Aquila, market leader in the field of integrated distribution and logistics services, recorded a net profit of 32 million lei, up 74% compared to the result recorded in the first half of last year.
The company's revenues registered a consistent increase in the first half of the year and reached 961 million lei, with an advance of approximately 90 million lei compared to the January-June period of 2021. The main drivers of the evolution are represented by the increase in distribution revenues and from the acquisition of Trigor, which had an impact of 35 million lei, in the same period.
"(…) Distribution revenues had an 11% advance in the first six months, mainly focused on the acquisition of Trigor in 2021 and the continued development of the distribution business, with a focus on each of the Retail segments. The GasStation (gas stations) and HoReCa components saw substantial growth of 14%, while logistics and transport services also saw an acceleration of 1.4%. In the meantime, we will continue our business expansion strategy, according to the plan conceived last year, when we listed Aquila on the Bucharest Stock Exchange, and in line with the evolution of the local market", emphasizes Cătălin Vasile, CEO of Aquila.
Founded in 1994, Aquila is the leader of the consumer goods distribution market in Romania, which has a team of approximately 3,000 employees. The group's revenues increased by 13%, reaching 1,930 million lei at the end of 2021. The company also recorded a net profit of 71 million lei as of December 31, 2021, up 30% compared to 2020.
