ACES – Expects a 10% yoy sales growth in 2024

ACES – Expects a 10% yoy sales growth in 2024 Ace Hardware Indonesia (ACES) expects a 10% yoy sales growth with around 7% same store sales growth (SSSG) in 2024. According to the company, their 2024' sales target is based on ACES' indicative sales achievement in 1Q24. Thanks to Ramadan and Eid al-Fitr' festivities with lots of promotion from the company, ACES' sales could reach IDR710 bn in 1Q24, with around 19.9% yoy SSSG. This year, ACES plans to open 15 new stores in various area and will continue with its marketing & promotion program, in order to achieve their target in 2024. (Source : Kontan)