Ambient estimates EUR 104mln turnover and EUR 5mln operational profit this year

DIY company Ambient estimates it will post a turnover of EUR 104 million this year, which is EUR 1 million more than the turnover it posted last year. In 2011, Ambient aims to grow its turnover by 15 percent.

Last year, Ambient had an operational profit of EUR 2 million. This year, the company estimates it will post an operational profit of EUR 5 million.

Ambient recently finished a strategy to reposition itself, which was started last year. The company is now organized in two divisions, retail and distribution.

The retail division has 12 outlets. The company runs a total showroom space of 22,000 square meters.

The distribution division is made up of a sale network with 11 working points and warehouses of construction materials.

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“This transformation of the business together with the configuration of a professional top management team helped us, so we can say that at this point we have a healthy growing business,” said Ioan Ciolan, general manager of Ambient.

The market reduced its value by 15 percent this year and will stagnate next year, according to estimations.

Ambient is a company with Romanian capital that was founded in 1993. The first DIY store was inaugurated by the company on 2002 in Sibiu.
Otilia Haraga