Financial performance in H01 and Q02 FY 09
In the first half of 2009 PBG Capital Group generated PLN 948.584m in sales revenues, which means an increase by 15% year-over-year. The Group recorded rises at all levels of financial results: gross profit on sales – increase by 16%, profit on sales - increase by nearly 8%, operating profit - increase by 21% and net profit – increase by 40%.
In Q02 alone PBG Capital Group revenues reached PLN 600m, which corresponds to an increase by 17.5%. Gross profit on sales in Q02 totalled PLN 83m and was up by 8.5% year-over-year. Operating profit was up from PLN 55m to PLN 67.7m, i.e. by 23%, and net profit of the Parent Company shareholders was up by 34% and accounted for almost PLN 47m. As at 1 June 2009 the Group’s portfolio of orders reached PLN 6bn.
Translation of the report for 1H2009 will be available on our website on September 14, 2009.