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 December revealed. Today, during the WSE trading hours, Action presented preliminary sales and gross profit margin on sales for December. The Group’s consolidated revenues reached PLN 254 million (up 14% yoy) and the gross profit margin on sales in December arrived at 7.6% (-0.1 mom/ -0.4 pp yoy). Action’s FY23 revenues stand at PLN 2.525 million (up 6% yoy) with the preliminary weighted gross margin on sales at 7.8% (+0.3 pp yoy). Expected impact: Slightly positive, as we expected December’s revenues to reach PLN 230 million (up 5% yoy). We cannot preclude that the reported margin proves to be higher than the preliminary one, as it was in the previous quarters.