Orzeł Biały publishes financial results for the first quarter of 2016

  • Orzeł Biały, Poland`s largest company specialising in the recycling of end-of-life lead-acid batteries and accumulators, earned in first quarter revenues at 114.9 million PLN against 121.1 million PLN in first quarter 2015
  • EBITDA (operating profit before depreciation and amortisation) in first quarter was 6.5 million PLN while the net profit was PLN 2.6 million as against 0.4 million a year ago. 
  • The lead sales volume in first quarter 2016 was 14.6 kT. 
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