Grupa Kęty had PLN 174.81 million of net profit, PLN 267.92 million of EBITDA in Q1 2022

Grupa Kęty recorded PLN 174.81 million of consolidated net profit attributable to shareholders of the parent company in Q1 2022 against PLN 137.3 million of profit a year earlier, the company said in the report.

The operating profit amounted to PLN 229.25 million versus PLN 162.45 million profit a year earlier. EBITDA was PLN 267.92 million compared to PLN 199.68 million a year earlier.

Consolidated sales revenues reached PLN 1,500.1 million in Q1 2021 compared to PLN 990.15 million a year earlier.

"The Group believes that as at the date of this report, it has not lost control over Ukrainian companies and thus has not reclassified negative exchange rate differences in the total net amount of PLN 36.5 million as at March 31, 2022 from the item 'Foreign exchange differences on translation of foreign entities'. to the consolidated profit and loss account of the group, ”reads the report.

Grupa Kęty is the parent company of the capital group that conducts business in three operating segments: the Extruded Products Segment (EPS), the Aluminum Systems Segment (ASS) and the Flexible Packaging Segment (FPS). The company has been listed on the WSE since 1996. Its consolidated sales revenues reached PLN 4.6 billion in 2021.

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