P.A. Nova had 23.43 million in net profit, and PLN 40.15 million in EBIT in 2021

P.A. Nova recorded PLN 23.43 million of consolidated net profit attributable to shareholders of the parent company in 2021 compared to PLN 14.34 million of profit a year earlier, the company said in the report.

The operating profit amounted to PLN 40.15 million compared to PLN 29.76 million profit a year earlier.

Consolidated sales revenues reached PLN 199.95 million in 2021 compared to PLN 153 million a year earlier.

“The war beyond our eastern border, apart from a huge humanitarian tragedy, also has serious economic effects, felt for the Polish economy. From the group's point of view, the most important threats are perturbations in the construction materials market, resulting in a sharp increase in prices and problems with their availability. They are also the reduction of the number of employees from Ukraine, as well as the increase in energy and fuel prices. Soaring inflation and the interest rates following it also increase the costs of running and financing investments.[...] reads the letter of the company's president, Tomasz Janik.

On a standalone basis, the net profit in 2021 was PLN 12.12 million, compared to PLN 3.64 million in profit a year earlier.

P.A. Nova is a company that offers services in the field of comprehensive implementation of construction investments and manages a portfolio of own facilities. The company has been listed on the WSE since 2007. In 2020, it had PLN 161.7 million of consolidated revenues.

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