Stelmet prelim. 9-month net profit at PLN 16.4 mln

Garden furniture producer Stelmet reported preliminary revenue for 9 months of FY 2017/2018 at PLN 434.3 million, a 2.3 percent increase y/y. EBITDA rose by 17.4 percent to PLN 56.4 million, and net profit dropped by 30.8 percent to PLN 16.4 million. EBITDA margin grew to 13 percent from 11.3 percent y/y. Increasing efficiency at the MrGarden…

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