Event: Sales and gross profit margin for February revealed.
On Monday, during the WSE trading hours, the Company released preliminary sales and gross profit margin on sales for February. Consolidated revenues reached PLN 187 million (+10% yoy) and the gross profit margin on sales in February stood at 8.0% (-0.2 pp mom/ +0.5 pp yoy).
Cumulatively for January-February Action’s revenues stand at PLN 378 million (+10% yoy) with the weighted average gross margin on sales at 8.1% (+0.4 pp yoy).
Expected impact: Positive. We cannot preclude that the reported margin proves to be higher than the preliminary one, as it was in the previous quarters.
Analyst: Jakub K. Viscardi
This report is prepared for the Warsaw Stock Exchange SA within the framework of the Analytical Coverage Support Program. 3.0.
115/2023/AR March 6, 2023
