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Inter Cars SAInter Cars automotive expects 2026 capex to exceed 2025 due to new warehouse investment near Poznan
Listed automotive parts distributor Inter Cars capex in the second half of the 2025 will match the first half levels, but 2026 will rise due to a PLN 600 million (EUR 141.2 mln) warehouse project with full automation near Poznan, serving western Poland and German sales, management board member Piotr Zamora told during a conference.
The investment spans about two years.
Additional 2026 capex will be around PLN 300 million (EUR 70.6 mln) above routine IT and maintenance spending.
The deputy CEO Krzysztof Soszynski noted the Zakroczym warehouse is at operational capacity and cannot expand further.
"Today, the Zakroczym warehouse is indeed the largest, but it is at the edge of its operational capacity. (...) There is an economy of scale resulting from the growth of a given warehouse, but beyond a certain size, instead of economies of scale, we start to experience more disorder and management problems," Soszynski indicated.
"Therefore, we have concluded that we are no longer able to further develop Zakroczym as we would not be able to manage it," the deputy CEO added.
Inter Cars grew market share with PLN 5.3 billion (EUR 1.2 bln) sales in the second quarter of 2025.
"Aftermarket demand in both the USA and Europe still shows noticeable delays. We see no price inflation, and in our opinion, customers are saving. The trend of uncertainty related to the eastern direction and the tariff processes imposed by the United States continues," Soszynski added.
mbi/ nl/