Member companies of the Slovak Textile and Clothing Industry Association (ATOP) have suffered a collective 16 per cent year-on-year fall in first quarter sales to SKK1.53 billion.

In addition, the companies saw first quarter profit drop SKK40.2 million year-on-year to SKK25.6m.

This was despite a sharp rise in output to SKK1.6bn, up from SKK201m in the previous first quarter, and a 40 per cent year-on-year increase in first quarter exports to SKK1.138bn.