2018

News

RESULTS OF ORZEŁ BIAŁY GROUP FOR Q3 2018

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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 profit on operating activities amounted to PLN 5.6 million without taking into account the impact of the subsidiaries control recovery settlement at PLN (-1.2 million) and excluding the write-off for bad debts in the amount of PLN 1.7 million. Incrementally for 9 months of 2018, there was an increase of 13.9% y-o-y reported.
  • Net profit of Orzeł Biały Group in the third quarter of 2018 amounted to PLN 2.9 million. At the same time, incrementally for 9 months, it amounted to PLN 15.3 million, up 17.7% y-o-y.
  • The volumes of refined lead sold in the third quarter of 2018 amounted to PLN 15,500 mt. In turn, for 9 months it amounted to 50,000 mt.
News

ORZEŁ BIAŁY GROUP EARNED HIGH PROFITS FOR THE FIRST HALF OF 2018

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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.

  •  Orzeł Biały Group profit of on operating activities amounted to PLN 16.2 million., up 62% y-o-y
  •  Net profit of Orzeł Biały Group amounted to PLN 12.4 million and was almost twice as high as the result achieved in the same period last year.
  •  In the core business area, the volume of refined lead sold in the first half of 2018 amounted to PLN 34.5 kt, up 2.1% y-o-y.

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