Wonders cut sales and profits due to covid in 2021 but expects to grow 25% this year

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Shoe company from Elche wonders continued to drag last year results of covidresulting in a low demand of the products in european marketsThis reduced the company’s progress in Spain and the non-EU countries in which it operates. Thanks to this, the Carbonell family business closed the year with turnover. 19.2 million €so one 2.15% correctionAccording to the balances deposited in the Commercial Register by the corporate name of the company Calzados Danubio.

In any case, a fall Much lower than recorded in 2020, when strict lockdown and paralysis of social life around the world caused a 32% drop in turnover. “It was a bit like we expected: two years of decline, then two more improvements, we’ve already recorded”, reassures Francisco Oliver, the company’s managing director, noting that the data they have to date shows that. 2022 will end with sales of approximately 24 million The euro, which represents a 25% increase.

Reminding that shoe companies worked almost a year ago in this sense, Oliver reminds that they are now faced with collections that can be bought from stores next summer, so the 2021 figures also meet these expectations. orders placed during the worst period of the pandemic, when many businesses do not know how consumption will evolve. Add to this that many businesses still have stock in their warehouses for all shoes that are no longer sold during the quarantine.

The Carbonell family owns the Wonders shoe brand from Elche. Information

However, after the 2020 crash, the company started to notice things. Recoveryespecially national marketits sales increased from 7.9 to 8.3 million; And in non-community countries, they recorded 3.5 million sales compared to 3.3 the previous year. In this way, the decline in shipments to the rest of the European Union, from 8.4 to 7.5 million euros, intensified.

Logically, the billing cut resulted in a steep decline, with the first cost increases that began to register last year. fall in profit 35.6% goes from 867,000 Euros to 558,000.

In this context, Oliver points out that the improvement in the revenue they calculated for this year will also be reflected in the company results, but warns that the profit will not increase at the same rate as the revenue. accelerating these cost increases. It’s a problem that almost the entire industry sector has to deal with. Of course, the manager points out that at least supply chains are normalizing.

They are currently assuring from Wonders that uncertainty and inflation have yet to impact the post-pandemic orders rebound.

On the other hand, the firm emphasizes the important issues in the management report. increase in sales through your own website, grew 17 percent last year. This channel already contributes about 7% of the company’s revenue.

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