Selection of an audit firm for the statutory financial statements and consolidated report of Orzeł Biały S.A.12.04
In relation to the inquiry posted on the website http://www.orzel-bialy.com.pl/pl/ir/komitet-audytu about the selection of an audit firm for the audit of the statutory financial statements and consolidated report of Orzeł Biały S.A. for 2019 to 2020, the Management Board of the Company hereby notifies that in accordance with the Resolution of the Supervisory Board and the recommendation of the Audit Committee, the review and audit of separate financial statements of Orzeł Biały S.A. and of the consolidated reports of Orzeł Biały Group for the years 2019 to 2020 will be made by PricewaterhouseCoopers Polska spółka z ograniczoną odpowiedzialnością Audyt sp.k.
FINANCIAL PERFORMANCE OF ORZEŁ BIAŁY GROUP IN 201809.04
Orzeł Biały Group, Polish manufacturer of refined lead and lead alloys with an international reach, earned revenues of PLN 664.8 million in 2018
Inquiry for a selection of an audit firm to audit the statutory financial statements and consolidated report of Orzeł Biały S.A. for 2019-2020.01.02
Acting in accordance with the adopted Policy and the procedure for selecting an audit firm to audit the statutory financial statements and consolidated financial statements of Orzeł Biały S.A., the Supervisory Board of Orzeł Biały S.A. submits an inquiry for a selection of an audit firm to audit the statutory financial statements and consolidated report of Orzeł Biały S.A. for 2019-2020.
RESULTS OF ORZEŁ BIAŁY GROUP FOR Q3 201808.11
ORZEŁ BIAŁY GROUP has been consistently pursuing the upward trend in financial results over the past few years. After 9 months of 2018, the Group earned a record EBITDA of PLN 28.4 million (up 8.3% y-o-y) which was influenced by the cost-effective structure of raw materials used for production. Q3 2018 saw the Group finishing with EBITDA (excluding one-off events) at PLN 7.9 million.
ORZEŁ BIAŁY GROUP EARNED HIGH PROFITS FOR THE FIRST HALF OF 201810.09
ORZEŁ BIAŁY GROUP completed the first half of 2018 with the EBITDA figure understood as earnings on operating activities before depreciation/amortisation at the level of PLN 20.8, up 40.5% y-o-y, mainly due to favourable cost structure of raw materials used for production.
GOOD RESULTS OF ORZEŁ BIAŁY GROUP FOR Q1 201817.05
ORZEŁ BIAŁY GROUP completed the first quarter of 2018, with the EBITDA result understood as earnings on operating activities before depreciation/amortisation at the level of PLN 8.4 million, which represents an increase of 117% as compared to the same period last year, mainly due to favourable cost structure of raw materials used for production.
Orzeł Biały S.A. is the laureate of the Polish Register of Cleaner Production and Sustainable Entrepreneurship26.04
On April 26, 2018, the Ministry of Environment in Warsaw held a festive Cleaner Production and Circular Economy Conference during which Cleaner Production diplomas and certificates were handed out.
The increase in the results of Orzeł Biały Group in 201710.04
Orzeł Biały Group, Polish producer of refined lead and lead alloys with international reach, generated revenues of PLN 677.1 million in 2017 as compared to PLN 537.3 million in the same period last year.
Visit of CIEP to Orzeł Biały S.A.16.03
March 9, 2017 saw Orzeł Biały S.A. having the representatives of the Chief Inspector of Environmental Protection (CIEP) and of the Provincial Inspectorate for Environmental Protection PIEP) in Katowice, headed by Mr Tadeusz Sadowski, Silesian Provincial Inspector of Environmental Protection. The visit was related to the issue of an import waste permit, and its purpose was to review installations for recycling of lead batteries.
Convening the Extraordinary General Meeting of Orzeł Biały S.A. along with draft resolutions.20.12
The Management Board of Orzeł Biały S.A. ("The Company") encloses the contents of the announcement of the convening of the Extraordinary General Meeting of Orzeł Biały S.A., which will be held on 25.01.2018 at 11.00 am at the corporate headquarters at Piekary Śląskie. In the attachment, the Company also submits draft resolutions along with justifications, planned amendments to the Articles of Association of the Company and the draft harmonised wording of the Articles of the Company.
At the same time, the Management Board of the Company informs that on 18.12.2017 the Supervisory Board submitted a positive opinion on the contents of resolutions to be deliberated on by the Extraordinary General Meeting.
Legal basis: MFR WSE § 38 Para. 1 Cl. 1, 2 and 3