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Results after 3 quarters

After 9 months in 2016, Trakcja Group recorded sales of PLN 887.6 mln, which is the result comparable to an analogous period in 2015, when the revenue on sales amounted to PLN 896.6 mln. The gross profit on sales was nearly PLN 109 mln and increased by 8% in comparison with the analogous period in the previous year. In the 3rd quarter, Trakcja Group obtained revenue on sales in the amount of PLN 408.7 mln.

"We have improved our internal procedures for contract management, which increased the company's gross profit margin on sales up to 12.9%. We have also adapted our company to the new conditions, so we started receiving a lot of smaller contracts, mainly in the road and energetics industry, also strengthening our potential in the railway sector and seeking new foreign markets" – said Jarosław Tomaszewski, President of Trakcja PRKiI.

At the end of the 3rd quarter, the orderbook of Trakcja Group amounted to PLN 1,334 mln. Furthermore, the Group has free credit limits of PLN 793 mln and access to credit financing up to PLN 115 mln.

After 3 quarters, Trakcja PRKiI obtained revenue on sales in the amount of PLN 491 mln. On the other hand, the operating revenue was PLN 5.9 mln, and the net profit - PLN 27.4 mln.

 

Media Information

Robert Kuczyński

human resources and communication director

r.kuczynski@grupatrakcja.com

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