This report is prepared for the Warsaw Stock Exchange SA within the framework of the Analytical Coverage Support Program. 3.0.
379/2022/AR
Event: Sales and gross profit margin for June revealed.
Yesterday, during the WSE trading hours, Action informed about their sales and gross profit margin on sales in June. The Group’s consolidated revenues reached PLN 200 million (up 10% yoy) and the gross profit margin on sales maintained its high level at 7.5%.
In 2Q22/ 1H22 the Group generated revenues at PLN 565/ 1,115.6 million (up 6/ 5% yoy).
Expected impact: Neutral, as financials reached the market during the WSE trading. We cannot preclude that the reported margin may finally turn higher than the preliminary one, as it was the case before. The revenue growth dynamic in 2Q22 and in 1H22 staying in the range between 5% and 10% matches the Company’s target this year.
