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December Sales Report: Action's Revenues Surge, Margin Holds Steady

December Sales Report: Action's Revenues Surge, Margin Holds Steady
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This report is prepared for the Warsaw Stock Exchange SA within the framework of the Analytical Coverage Support Program 4.0

december sales report action s revenues surge margin holds steady grafika numer 1december sales report action s revenues surge margin holds steady grafika numer 1

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.


GPW’s Analytical Coverage Support Programme 3.0

GPW’s Analytical Coverage Support Programme 3.0

The Warsaw Stock Exchange's (GPW's) Analytical Coverage Support Programme 3.0 supports investment firms in drafting analytical reports which are financed by GPW. The objective of the Programme is to improve the availability of research covering less liquid companies, facilitating investors' informed investment decisions based on a reliable independent source of issuer information. Eligible to participate in the Programme are companies listed on the GPW Main Market (other than WIG20 participants) and on NewConnect. The Programme covers up to 50 issuers.

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