News

Pleasecome and seecurrentevents in the Company

News

Visit of CIEP to Orzeł Biały S.A.16.03
2018

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
2017

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

ORZEŁ BIAŁY GROUP - REFINED LEAD AND LEAD ALLOYS MANUFACTURER REPORTED GROWTHS IN THE 3RD QUARTER OF 201715.11
2017

Orzeł Biały ended the third quarter of 2017 with an EBITDA figure at PLN 11.3 million (up 91.5% as compared to the same period of last year). The achieved result was mainly due to the increase in lead prices and a further increase in the sales volumes, compounded by the cost-effective structure of raw materials used for production. The Group continued its strategy focusing on its core business.

 

  • EBITDA of the Group (operating profit before depreciation/amortisation) amounted to PLN 11.3 million in the third quarter of 2017, up 91.5% y-o-y, and, incrementally, a PLN 26.2 million increase in 9 months (up 41, 6% y-o-y). The profitability rate measured as EBITDA to sales revenues amounted to 6.6% in the third quarter and 5.3% in 9 months of 2017, respectively.
  • Operating profit amounted to PLN 8.8 million in the third quarter and PLN 18.9 million. cumulatively in 2017, up 144.4% and 61.5%, respectively, in comparison to the previous year.
  • In the area of ​​core business, the volume of lead sold in the third quarter amounted to 18.0 thousand mt (up 14.8% y-o-y) and 51.8 kt cumulatively (up 12.0% y-o-y).
  • Net profit in the third quarter amounted to PLN 6.7 million versus PLN 1.2 million of net profit a year ago. Incrementally, Orzeł Biały Group earned a net result of PLN 13 million as against PLN 7.2 million in 2016.

Stable sales market and high sales volumes in the first half of 2017 19.09
2017

Orzeł Biały Group, Polish producer of refined lead and lead alloys with international reach, generated revenues of PLN 324.8 million in the first half of 2017, compared to PLN 241.1 million in the corresponding period of the previous year, up 34.7%. y-o-y, which is mainly caused by the increase in LME lead prices and the increase in the sales volumes.

  • Group EBITDA (operating profit before depreciation/amortisation) in the first half of 2017 amounted to PLN 14.8 million, up 17.5% y-o-y. Net profit amounted to 6.3 million PLN as compared to PLN 6.1 million of the after-tax profit figure a year ago.
  • Operating profit amounted to PLN 10 million, up 23.5% versus the corresponding period of the previous year.
  • In the area of ​​core operations, the volume of lead sold in the first half of 2017 amounted to 33.8 thousand mt, up 10.5% y-o-y.

Offer for sale of business premises 05.07
2017

Orzeł Biały invites interested parties to take note of the offer of sale of business-purpose premises located in Bytom at Siemianowicka Street.

Offer for sale of investment areas05.07
2017

Orzeł Biały invites interested parties to take note of the offer for the sale of investment areas located in Bytom at Siemianowicka Street.

High increase in lead sales volume in Q1 2017 for Orzeł Biały Group17.05
2017

Orzeł Biały Group, Polish producer of refined lead and lead alloys with international reach, generated in the first quarter of 2017 revenues of PLN 162.7 million as compared to PLN 114.9 million in the corresponding period of the previous year.

  • Group EBITDA (operating profit before depreciation/amortisation) in the first quarter of 2017 amounted to PLN 3.9 million, down 37% y-o-y. Net loss amounted to PLN 0.8 million as compared to PLN 2.6 million of net profit a year ago.
  • Operating profit amounted to PLN 1.5 million, down 63% as against the same period of the previous year.
  •  In the area of ​​core business, the volume of lead sold in the first quarter of 2017 amounted to 17.7 thousand metric tonnes while in the corresponding period of the previous year it amounted to 14.6 kt. 

STABLE GROWTH OF CORE OPERATIONS OF ORZEŁ BIAŁY GROUP IN 201605.04
2017

in 2016 , Orzeł Biały Group increased its profitability in the area of ​​core operations from 2.8% to 5.2% y-o-y, mainly due to increased efficiency of production processes, a cost-effective structure of the inputs as well as consistent focus on recycling activities and the production of refined lead.

  • Orzeł Biały Group generated revenues of PLN 537.3 million, up 5.7% y-o-y.
  • EBITDA of the Group (result on operating activities plus depreciation & amortisation), before adjusting for goodwill and shares in affiliates in the total amount of 9 million, amounted to PLN 28 million, while in 2015 it was PLN 25.4 million.
  • In the area of ​​operations, the volume of lead sold in 2016 amounted to 65.7 thousand metric tonnes, up 5.5% y-o-y, while the share of more technologically advanced alloys increased in the entire sales structure.

Extending the deadline for submitting subscriptions to the Tender Offer08.03
2017

On 08.03.2017, the Tenderer, by way of a Communication regarding the change to the contents of the Tender Offer to subscribe for the sale of shares of Orzeł Biały S.A. based at Piekary Śląskie announced on January 23, 2017 ("The Tender Offer") by NEF Battery Holdings S.à.r.l. based in Luxembourg ("The Tenderer") by agency of IPOPEMA Securities S.A. ("Brokerage House"), informed about the extension of the deadline for submitting subscriptions under the Tender Offer. In connection with this, the following dates of the Tender Offer are changed as indicated in Cl. 11 of the Tender Offer document:

The closing date for accepting subscriptions:

20 April, 2017

 

Planned transaction date on the Warsaw Stock Exchange:

25 April, 2017

 

Planned settlement date:

26 April, 2017

As far as remaining provisions are concerned, Cl. 11 of the Tender Offer remains unchanged, including the possibility of further prolonging or shortening the deadline for accepting subscriptions in the Tender Offer.

The second notification of the intention to merge Orzeł Biały S.A. with Helidor Sp. z o.o.20.02
2017

2017.02.20
The Management Board of Orzeł Biały S.A. hereby makes known in the attachment, in connection with the procedure of merging the Issuer with Helidor Sp. z o.o.,  the second notification to the shareholders about the intention to merge.

Strona 2/8
   

Orzeł Biały S.A.

NIP 626-000-31-39
REGON 270647152
KRS 0000099792 District Court in Gliwice,
10th Department Commerce of the National Court Register
Equity PLN  7,159,779.07 PLN paid in full

Contact

Telephone +48 (32) 779 65 00
Email office@orzel-bialy.com.pl
Adress ul. Harcerska 23
41-946 Piekary Śląskie

 CLOSE