Profit after the first half of the year and a high contracts portfolio

The Trakcja Group’s backlog as at 30 June amounted to PLN 1 851 million. After this date, Trakcja PRKiI has concluded, amongst other, a contract for the modernization of three stations in the Terespol region worth PLN 417.5 million. We are happy to see many new contracts coming, and to sign PLN 1 138 million worth of agreements during the first six months of this year” – says Jarosław Tomaszewski, the President of the Management Board.

The Company is continuing quotations in the railway, road and power sectors. The total value of first-ranking offers in open tenders amounts to almost PLN 834 million. “We have a healthy marketing situation, diversify our revenues, and await further tenders – adds the President of Trakcja PRKiI.

In H1 2017, the Trakcja Group generated revenues amounting to PLN 537.6 million, 12% higher in comparison with the analogical period of the previous year, and the Group’s net profit amounted to PLN 1.08 million. “The results for the first half of the year indicate a strong influence of the period of transitions between EU perspectives. The results of the Trakcja Group were significantly affected by a decrease in activities on the Lithuanian market combined with a change of the portfolio’s structure – Jarosław Tomaszewski states.

During this period, Trakcja PRKiI generated revenues from sales in the amount of PLN 322 million, which constitutes a growth of 20% in comparison with the analogical period of the previous year. The gross profit margin on sales in H1 amounted to 5.2% and dropped by 0.7 p.p. in comparison with the same period in 2016, while the net profit reached PLN 23.5 million.

We have paid out dividend another year in the row - in July, shareholders received PLN 25.7 million, meaning 50 groszy per one share - adds the President of Trakcja PRKiI.



Media Information

Robert Kuczyński

human resources and communication director


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