Locked content Dębica shareholders to vote on buyback and dividend policy

Dębica minority shareholder Altus TFI proposed changing Dębica dividend policy for 2018-2022 and to pay 100 percent of net profit as dividends. Altus TFI also suggested a share buyback of up to 2.6 million shares at PLN 170 per share. The buyback amount should not exceed PLN 436.5 million. Dębica sh...

Locked content Dębica’s sales revenue close to PLN 2 bln in 2017

Car tyre producer Dębica reported PLN 119.57 million in net profit for 2017, against PLN 64.75 million a year earlier, the company stated. Operational profit stood at PLN 212.41 million, up from PLN 179.62 million in 2016. Sales revenue came in at PLN 1.963 billion last year, up from PLN 1.679 the y...

Locked content Dębica to cut back tire production in Nov-Dec

Polish tire company Dębica has decided to roll back production of tires for cars and trucks in November and December this year. This will lower the projected production for 2016 by 3.02 percent for car tires and 3.86 percent for truck tires, compared to the production plans for 2016, the company ann...

Locked content Dębica net profit down in 2014

Tire manufacturer Dębica reported a net profit decrease to PLN 88.30 million in 2014, compared with PLN 115.53 million in 2013, the company announced. The company’s operating profit amounted to PLN 78.74 million, versus PLN 97.02 million in the previous year. Dębica’s revenue in 2014 sto...