15:26 17 May 2024
GPW Group Achieves Record-Breaking Revenue in Q1 2024
The Warsaw Stock Exchange Group (GPW Group) has announced exceptional financial results for the first quarter of 2024, highlighting a strong performance across all key metrics.
The Group's sales revenue reached a record-breaking PLN 118.2 million in Q1 2024, marking a 5.3 percent y/y increase. This impressive growth was driven by an 11.6 percent surge in revenue from the financial market, partially offset by a 4.2 percent decline in commodity market revenue.
Despite a slight decrease in EBITDA to PLN 31.8 million, primarily due to strategic investments, the Group maintained its profitability. Net profit1 increased by 2.1 percent y/y to PLN 27.2 million, demonstrating the Group's resilience and ability to generate sustainable growth.
(WBJ)
