2019

Orzeł Biały Group, Polish producer of refined lead and lead alloys with international outreach, earned in the first quarter of 2019 revenues of PLN 152.9 million.

•   EBITDA  of the Group(earnings before interest, taxes, depreciation and amortization) totalled PLN 5.7 million, thus providing a profitability at 3.7%.
•  Net profit of Orzeł Biały Group amounted to PLN 2.5 million.
•  In the area of core business operations, the volume of refined lead sold was 17.3 thousand metric tonnes and remained stable

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.

Orzeł Biały Group, Polish manufacturer of refined lead and lead alloys with an international reach, earned revenues of PLN 664.8 million in 2018

• The Group’s EBITDA (earnings before interest, taxes, depreciation and amortization) amounted to PLN 29.7 million, thus resulting in profitability at 4.5%.
• Net profit of Orzeł Biały Group amounted to PLN 14.6 million
• In the area of ​​core business operations, the volume of refined lead sold was PLN 70.3 thousand metric tons (MT) and remained stable