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Warsaw Stock Exchange - Action - Event: Sales and gross profit margin for April revealed.

Warsaw Stock Exchange - Action - Event: Sales and gross profit margin for April revealed.| FXMAG.COM
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  1. Event: Sales and gross profit margin for April revealed.

    warsaw stock exchange action event sales and gross profit margin for april revealed grafika numer 1warsaw stock exchange action event sales and gross profit margin for april revealed grafika numer 1

    Event: Sales and gross profit margin for April revealed.

    Yesterday, during the WSE trading hours, the Company released preliminary sales and gross profit margin on sales for April. Consolidated revenues reached PLN 184 million (+3% yoy) while the gross profit margin on sales stood at 8.0% (-0.1 pp mom/ +0.3 pp yoy) in April.

    Action’s revenues for January-April cumulatively arrived at PLN 774 million (+6% yoy) with the weighted average gross margin on sales at 8.1% (+0.5 pp yoy).

    Expected impact: Neutral, as the impact should have been discounted already. We cannot preclude that the reported margin proves to be eventually higher than the preliminary one, as it was in the previous quarters.

    Analyst

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    Jakub K. Viscardi

    GPW’s Analytical Coverage Support Programme 3.0

    This report is prepared for the Warsaw Stock Exchange SA within the framework of the Analytical Coverage Support Program. 3.0. 278/2023/AR May 9, 2023

     


    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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