Budimex.pl

Current report no 56 / 2016

Date: July 27, 2016 7:56 AM

Financial highlights of the Budimex Group for the first six months of 2016

rb bx/ 56/2016

 

In connection with providing the financial information to the dominant entity of Budimex S.A., i.e. Ferrovial SA, the Management Board of Budimex SA hereby discloses to the general public financial highlights from the consolidated financial statements of the Budimex Group, prepared in compliance with the International Financial Reporting Standards (IFRS) for the first six months of 2016 and the comparable figures for the same period of 2015.

Net revenues from sales of products and services, goods and materials: PLN 2,429,700 thousand
as compared to PLN 2,268,240 thousand in the first six months of 2015.

Gross profit on sales: PLN 300,274 thousand as compared to PLN 214,062 thousand in the first six months of 2015.

Operating profit: PLN 178,270 thousand as compared to PLN 128,776 thousand in the first six months of 2015.

Gross profit: PLN 182,944 thousand as compared to PLN 134,599 thousand in the first six months of 2015.

Net profit: PLN 146,518 thousand as compared to PLN 107,065 thousand in the first six months of 2015.

Net profit attributable to shareholders of the Parent Company: PLN 146,067 thousand as compared to PLN 106,595 thousand in the first six months of 2015.

In the first six months of 2016, the development segment (Budimex Nieruchomości Sp. z o.o.) pre-sold 712 apartments net (excluding reservations) and sold 434 units upon notarial agreements, while in the same period in 2015, the records showed 1,079 pre-sold apartments and 402 units sold upon notarial agreement.

The Budimex Group’s order book after the first six months of 2016 was PLN 9.27 billion
as compared to PLN 6.99 billion in the first six months of 2015.

The value of contracts signed by Budimex Group in the first six months of 2016 was PLN 3.07 billion as compared to PLN 2.88 billion in the first six months of 2015.

The net cash position of the Budimex Group, including own cash and short-term securities less external borrowings, stood at PLN 1,784 million as at 30 June 2016. As at 30 June 2015, the net cash position of the Budimex Group was PLN 1,481 million.

 

The attached table contains the results of reported segments for the first six months of 2016 and comparable figures for the first six months of 2015.

Shareholders
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Shareholdership structure as on 18.06.2020

GPWKNFRespect IndexSEGWIG Budownictwo
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