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Kerdos - Dayli network does better

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The administrator in Kerdos' sanctioning proceedings, PMR Restructuring, is working all the time to improve profitability at the Dayli drugstore chain, which is owned by Kerdos.

- We have reduced costs, also thanks to the streamlining of logistics elements. The dynamics of the results from sales in June and July are better than in the previous months, which allows for moderate optimism for the following months," Maciej Roch Pietrzak, president of PMR Restructurings, tells 'Parkiet'.

He does not hide the fact that finding external financing is a key element for the future of Dayli, and thus Kerdos. – Without it, it will be difficult to fully stock the stores and generate results that will make it possible debt repayment – Pietrzak comments. He assures that talks with institutions that could potentially finance Kerdos' operations are ongoing, but they are difficult. – The institutions remember the course of the proceedings so far. They are afraid that the scenario (which was the previous administrator submitting an application for cancellation of the debt) will be repeated. sanitation proceedings – ed.), and the arguments that their money is privileged thanks to the Sanation are lost among the fears – explains Pietrzak.

- If the merchandising improves and the turnover in Q3 and especially Q4 is good, we will get much closer to our goal of taking the company out into calm waters. I am optimistic about this, but very moderate, and I remain realistic at the same time," adds the CEO of PMR Restructuring.

The office, as the administrator, submitted the list of Kerdos' receivables to the judge-commissioner. Creditors have the right to file objections to this document if they consider that the company's books do not reflect the actual debt. After considering the objections, the list will be approved by the judge-commissioner. It should be emphasized that the approved list of receivables is the basis for further actions in the course of the proceedings, including both specifying arrangement proposals.

The material appeared on the website:

16 August 2016:
" Kerdos: Dayli network is doing better
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PMR team

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