2019

News

Notice to suppliers regarding payments

Orzeł Biały S.A. hereby gives notice that in connection with the entry into force of the new provisions from the Act of August 9, 2019 amending the tax on goods and services Act and some other acts dated November 1, 2019, all payments made by The Company based on purchase invoices shall be processed under the split payment mechanism mode regardless of the type of good or service.

At the same time, the notice is given that Orzeł Biały S.A. will make payments to contractors conducting business activities only to their company accounts included in the list of entities registered as VAT payers, unregistered as well as deleted and restored to the VAT register, i.e. in The White List.

News

RESULTS OF ORZEŁ BIAŁY GROUP FOR Q3 2019

Orzeł Biały Group is the largest Group specialising in recycling of used batteries and a leading producer of refined lead in Poland with international outreach.

  • The Group earned in Q3 2019 revenues at PLN 143.4 million
  • The EBITDA of The Group (earnings before interest, taxes, depreciation and amortisation) amounted to PLN 9.2 million, up 16.6% y-o-y
  • Net profit of Orzeł Biały Group amounted to PLN 4.8 million, up 65.5% as against similar period of last year.
  • Operating profit of Orzeł Biały amounted to 6.6 million, up 17.8% as against the result of Q3 last year.
  • In the area of core business operations, the volume of refined lead sold was 16.2 thousand metric tonnes, up 4.3% y-o-y. 
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