Grupa Kęty reports net profit in Q1 2016

Aluminum processing company Grupa Kęty has reported a consolidated net profit of PLN 50 million in Q1 2016, which means a 40 percent y/y increase in comparison with the corresponding period of the previous year. The company's operating profit grew by 20 percent and equaled PLN 63 million. Sales revenue amounted to PLN 505 million (up to 8 percent y/y increase). EBITDA in Q1 2015 totaled PLN 88 million and equaled 20 percent y/y increase. Grupa Kęty is the parent company for a capital group composed of five main business segments, which operate in the following areas: production of aluminum profiles and components, design and production of architectural systems and external aluminum roller shutters, production of flexible packaging, building and assembly services for aluminum facades and production of building accessories.