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Annual Report Gorenje Group 2009

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SALE IN TERMS OF DIVISIONS<br />

The Home Interior Division suffered the sharpest fall since its sales revenue dropped by 31 %. Since<br />

the division mentioned achieves only 3.4 % in the revenue structure of the <strong>Gorenje</strong> <strong>Group</strong>, the dramatic<br />

fall did not have a significant impact on the operation of the complete <strong>Group</strong>.<br />

The revenue of our most important division - Household Appliances fell by 12 %. If the company Atag<br />

had not joined the <strong>Group</strong> in the mid 2008, the fall would have been even greater and amounted to 19<br />

%.<br />

The only division whose revenue of the year <strong>2009</strong> remained at the level of the year 2008, was the<br />

Ecology, Energy and Services Division whose sales revenue dropped only by 0.8 %.<br />

HOME APPLIANCES DIVISION<br />

In the year <strong>2009</strong> the Household Appliances Division sold 3,350,114 appliances of our own production<br />

and generated revenue amounting to 785.25 million EUR. In our industry the impact of the crisis<br />

showed already at the end of the year 2008, when the orders dropped suddenly and dramatically as a<br />

consequence of increased inventories of traders due to a slower sale of products.<br />

Structure of quantity sale of the Household Appliances Division by<br />

Source: Data of the <strong>Gorenje</strong> <strong>Group</strong><br />

In compliance of the CECED data the crisis caused an 11 % decrease in the market of household<br />

appliances. The <strong>Gorenje</strong> <strong>Group</strong> successfully withstood the negative impact of the crisis since the<br />

decrease in sales was less dramatic than that of other participants in the market.<br />

60<br />

<strong>Annual</strong> <strong>Report</strong> <strong>Gorenje</strong> <strong>Group</strong> <strong>2009</strong>

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