KoRo | Updates

By Constantinos Calios

Record sales for KoRo in 1st quarter 2018


Dear Companists,

We welcome our new Companists and are excited to share our newest update with you.


1. Conclusion of Q1

In our first update, we presented the revenue development of 2017 and provided an outlook for the first quarter.

The first quarter is now over and we are pleased to inform you that it was the best quarter in terms of revenue in the history of KoRo.

Net revenue in January was EUR 241,371, in February we made EUR 252,427 – the best month in the entire history of KoRo.

It already became apparent in March that we had increased our daily sales cuts. This had a corresponding effect on the monthly total turnover: EUR 257,166 net.

March 2018 thus replaced February 2018 as the best sales month in KoRo's history.

We thus achieved total sales of EUR 750,965 in the first quarter.


2. Outlook toward summer

We are currently preparing for the summer months of June through August. Experience in recent fiscal years has shown that the summer months can mean a drop in sales of up to 30%. Although we have taken this into account in our financial planning, we have developed our own summer strategy to counter the trend.

We plan to add new products that will perfectly complement our existing product range specifically for the summer. Our fresh drinking coconuts are an important staple product during the summer.

These are an ideal refreshment on hot summer days. We deliver the coconuts with a coconut opener.  

Next to the coconuts, we are planning further products of this kind, which we will report on in the next updates.


Best greetings,

Constantinos Calios


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