Amica Q3 profit drops

WSE-listed white goods producer Amica had PLN 22.1 million net profit in Q3, down by 36.2 percent y/y. EBIT stood at PLN 30.3 million, a 33.4 percent y/y decrease, while revenues reached PLN 705.2 million, an 8.5 percent y/y increase. “The third quarter of 2016 was a high benchmark, so analysts’ forecasts were higher than…

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