Ergis Q2 prelim. net profit at PLN 8.6 mln

Ergis preliminary consolidated net profit grew by 20.6 percent y/y to PLN 8.6 million in Q2. Revenue increased by 10.7 percent to PLN 207.3 million. Operating profit fell by 15.2 percent y/y to PLN 9.1 million, while EBITDA declined by 8.7 percent to PLN 15.1 million. The results give hope for a return to profitability level of previous years if the situation on the labor market in Poland stabilizes, Ergis said.