This report is prepared for the Warsaw Stock Exchange SA within the framework of the Analytical Coverage Support Program 4.0.
Event: Sales and gross profit margin for October revealed. Yesterday, during the WSE trading hours, Action released preliminary sales and gross profit margin on sales for October. The Group’s consolidated revenues reached PLN 228 million (up 5% yoy) and the gross profit margin on sales in October arrived at 7.6% (-0.1 mom/ -0.1 pp yoy). For January-October cumulatively, Action’s revenues stand at PLN 2,017 million (up 5% yoy) with the weighted average gross margin on sales at 7.9% (+0.4 pp yoy). Expected impact: Neutral. We cannot preclude that the reported margin proves to be higher than the preliminary one, as it was in the previous quarters
