Locked content PGS Software net profits up by 12%

IT company PGS Software has posted positive financial results for the fourth quarter of 2016. Revenue from sales was approx. PLN 22.22 million (up 38 percent), operating profits increased by 27 percent to approx. PLN 6.09 million and a net profit of approx. PLN 4.44 million (12 percent increase) rou...

Locked content Sphinx records PLN 4.67 million profit in Dec. 2015- Nov. 2016 

Restaurant chain Sphinx Poland has posted a consolidated net profit of PLN 4.67 million in the period December 2015 – November 2016 compared to PLN 7.38 million for the previous year, the company said. “In light of changes in the economic environment, the company’s most important c...

Locked content Bank Millennium net profit falls y/y to PLN 138.8 mln in Q3

The consolidated net profit of Bank Millennium fell in Q3 of 2016 to PLN 138.8 million from PLN 165.7 million a year earlier, the bank reported. The net profit was close to the PAP consensus of PLN 135.9 million. However, the net profit for the period Q1-3 was up sharply y/y, amounting to PLN 569.8 ...

Locked content Orbis net profit rises to PLN 80 mln in Q3

The Orbis Hotel Group recorded a consolidated net profit of PLN 80.05 million in Q3 of 2016, up from PLN 75.8 million a year earlier, the company announced. The operational profit amounted to PLN 104.82 million versus PLN 95.33 million a year before, while consolidated sales revenues stood at PLN 39...

Locked content Lotos net profit at PLN 379.93 in Q3

The Lotos Group recorded a consolidated net profit of PLN 379.93 million in Q3 of 2016, compared to a net loss of PLN 249.19 million over the same period in 2015, the company informed. The operational profit stood at PLN 431.68 million versus PLN 93.56 million a year before. Consolidated sales reven...

Locked content Żywiec Group net profits fall y/y to PLN 82.46 mln in Q3

Żywiec Group recorded a PLN 82.46 million consolidated net profit attributable to shareholders of the parent company in Q3, down sharply from PLN 135.98 million a year earlier, the company said in a report. Operating profit in Q3 stood at PLN 118.35 million compared to PLN 181.36 million a year earl...

Locked content PGE net profit at PLN 546 mln in Q2

Poland’s largest utility company PGE recorded PLN 546 million in net profits in Q2 2016, compared with a loss of PLN 5.05 billion in the same period in 2015. The company’s operating profit amounted to PLN 952  million in Q2 2016, versus a loss of PLN 6.17 billion a year ago. EBITDA amoun...

Locked content Żywiec records PLN 60 mln net profits in Q1

Żywiec Group reported consolidated net profits of PLN 59.83 million in Q1 2016, compared with a PLN 4.11 million loss in Q1 2015, the company announced in a report. The operating profit stood at PLN 43.4 million, versus a loss of PLN 1.62 million one year earlier. Consolidated sale revenues amounted...

Locked content Newag sales revenue reaches PLN 1.03 bln

Rolling stock producer Newag reported a record level of sales revenue – PLN 1.03 billion (in 2015). Consolidated net profit amounted to PLN 65 million and EBITDA equaled PLN 113 million in 2015. The company’s overall size of balance sheets reached PLN 920 million. Newag is a Polish company, ba...