J’Khayber deposited the accounts corresponding to 2022 in the Trade Registry, revealing that the shoe company achieved a turnover of 16.9 million euros, compared to 15.1 in the previous year. Operating results also increased significantlyIt increases from 702,000 euros to 1.2 million euros in 2021.
As stated in the management report and approved by the company’s managing director Rafael Bernabeu, The recovery in sales is partly due to the rebound in the post-pandemic economy, which has boosted demand for sneakers.as well as inflation in raw material and transportation costs, which has a slight effect on rates.
After the results were applied, the company’s own funds also grew to 5.5 million euros.In addition to working capital of 5.8 million, which represents a significant guarantee of liquidity. The company has also increased its self-financing.
The company underlines that the year 2023 will be marked by great global uncertainty, which has forced the economy to cool with interest rate hikes due to the war crisis in Ukraine and inflation in Europe. trying to curb investment and make borrowing more expensive.
According to Bernabeu, there is also a decrease in transportation costs in this scenario. allowed the firm to lower the average selling price of its items. This reduction in prices will have an impact on the expected turnover for this year, as the general manager underlined, which will predictably decrease by around 12%. Therefore, the forecast is to go back to figures very similar to those in 2021.