GK Immobile had a net profit of PLN 12.54 million, and EBITDA of PLN 48.07 million in 2021

The Immobile Capital Group recorded PLN 12.54 million of consolidated net profit attributable to shareholders of the parent company in 2021 compared to a loss of PLN 2.97 million a year earlier, the company said in the report.

Total consolidated net profit last year amounted to PLN 15.65 million compared to PLN 2.86 million profit a year earlier. The operating profit amounted to PLN 17.66 million against PLN 15.3 million profit a year earlier. The EBITDA result amounted to PLN 48.07 million compared to PLN 36.32 million a year earlier. Consolidated sales revenues reached PLN 575.8 million in 2021 compared to PLN 532.36 million a year earlier.

“Consolidated revenues of the Group in 2021 amounted to PLN 575.8 million, which means an increase by PLN 43.4 million compared to the corresponding period of 2020. The overall improvement of the Group’s revenues in 2021 compared to 2020 was influenced by an increase in both domestic and foreign sales. The growth is particularly visible in the industrial (+ PLN 24 million) and hotel (+ PLN 22.2 million) segments. The increase in industry is mainly due to an increase in revenues from the sale of transhipment systems. In the hotel industry, due to the significant loosening of the applicable restrictions at the end of June 2021, but also the expansion of the base by three more facilities (in Elbląg, Szczecin and Lublin) “- we read in the communication devoted to the results.

The Immobile capital group is a Bydgoszcz conglomerate, listed on the Warsaw Stock Exchange since 2007. Its portfolio includes companies operating in industry, hotel industry, development, clothing, automation, power engineering and industrial construction.

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