by P.T., STA
The state-owned tool maker and automotive supplier Unior saw its group sales revenue drop by about 20% year-on-year to EUR 150 million in the first three quarters. However, sales in September were up 3.6% y/y.
Due to a negative impact of the pandemic and revaluation of real estate in Maribor, the group posted a loss of EUR 4.9 million. However, the property sale will allow it to reduce debt to banks by a further EUR 8.5 million, after it had already lowered it by EUR 4.1 million.