Budimex with PLN 128.1 mln net profit in H1

Construction firm Budimex reported H1 consolidated net profit of PLN 128.1 million compared to PLN 196.6 million y/y.  Net sales amounted to PLN 3.3 billion versus PLN 2.7 billion in H1 2017. Operating profit fell to PLN 170.12 million from PLN 249.15 million y/y. As of June 30, the net cash position of Budimex Group stood at PLN 734 million versus PLN 1.3 billion a year ago.