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