Locked content Wawel H1 net profit down at PLN 30.5 mln

Confectioner Wawel H1 net profit fell to PLN 30.5 million from PLN 34.9 million a year ago. Operating profit stood at PLN 36.7 million versus PLN 36.6 million a year ago. EBITDA grew to PLN 50.9 million from PLN 48.3 million y/y. EBITDA margin was 20.1 percent. Revenue rose to PLN 252.9 million comp...

Locked content Wawel will pay dividend of PLN 25/shr

Shareholders of WSE-listed confectioner Wawel decided on the dividend payment of PLN 25 per share or PLN 37.49 million in total for 2017, the company said. The dividend will be distributed for 1.5 million company shares. The record date is set for July 2, while the dividend will be paid on July 10. ...

Locked content Wawel with PLN 47.8 mln net profit in Q3

WSE-listed confectioner Wawel had a PLN 47.8 million Q3 net profit, way above the PLN 20.2 million market consensus. The profit was boosted by PLN 27.19 million from deferred income tax assets related to activity on a special economic zone, according to the company’s financial report. In the corresp...

Locked content Wawel to build new factory

Wawel, a Polish confectionery company is planning to construct its second production plant in Dobczyce (Małopolskie voivodship) PLN 90 million has been earmarked for the project, Puls Biznesu daily reported. According to the daily’s sources, the new factory is to hire at least 20 up to a maxim...

Locked content Wawel to acquire Droste

Wawel, a Polish confectionery company, is planning to acquire stake in Droste, Dutch chocolate producer. Droste is a subsidiary of Wawel’s largest shareholder, Hosta International. Droste was founded in 1863. It used to be one of the leading Dutch confectionery firms. Currently, the company re...