APS Energia initially had a net profit of PLN 9.3 million in 2021

APS Energia recorded PLN 9.3 million of consolidated net profit in 2021 according to estimated data, compared to a loss of PLN 5.4 million a year earlier, the company said.

"The preliminary financial results of the issuer's capital group for 2021 are as follows: sales revenues: PLN 113.3 million, operating profit: PLN 11 million, EBITDA result: PLN 14.2 million, net profit: PLN 9.3 million . The results for 2020 were as follows: sales revenues: PLN 85.4 million, loss on operating activities: PLN -2.6 million, EBITDA result: PLN 0.7 million, net loss: PLN -5.4 million, "- we read in the announcement.

"The fourth quarter of 2021. was the best in our history. This is proof that changing the strategy is already bringing tangible results. Our consolidated results would be even better if all deliveries were made to end customers before the end of the year. However, nothing is lost, we will settle them in the first months of 2022. We have a lot of orders for this year, more than we assumed. I am confident about their implementation, as we have a sufficient number of components, and the situation related to absenteeism due to Covid19 cases seems to be under control. I expect a really good year, especially in the context of orders in Poland. Our strategy focuses on the sectors of key importance for the economy at the moment: renewable energy, energy storage, electromobility as well as drive and traction systems for railways. All of them together and individually will surely be the driver of our results this year, ”said President Piotr Szewczyk, quoted in the announcement.

APS Energia is a producer and supplier of industrial emergency power systems. APS's main customers are companies from the energy, oil and gas sectors, both at home and abroad. The company made its debut on the WSE main market in 2015. Its consolidated sales revenues reached PLN 85.4 million in 2020.

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