Newag posts PLN 220 mln sales in H1

Rolling stock producer Newag recorded PLN 219.07 million in consolidated sales in H1 2016, compared to PLN 411.32 million in the corresponding period last year, the company said. Consolidated net loss amounted to PLN 4.02 million, versus a net profit of PLN 6.86 million in H1 2015. EBITDA fell by 69.5 percent y/y to PLN 7.7 million, a statement read. The company’s overall size of balance sheets…

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