{"id":5082,"date":"2014-11-20T00:00:00","date_gmt":"2014-11-19T23:00:00","guid":{"rendered":"https:\/\/www.boryszew.com.pl\/ponad-100-wzrostu-zysku-netto-grupy-boryszew-po-iiiq-2014-roku\/"},"modified":"2021-11-29T15:24:50","modified_gmt":"2021-11-29T14:24:50","slug":"boryszew-group-with-over-100-per-cent-of-net-profit-after-iiiq-2014","status":"publish","type":"post","link":"https:\/\/www.boryszew.com.pl\/en\/boryszew-group-with-over-100-per-cent-of-net-profit-after-iiiq-2014\/","title":{"rendered":"Boryszew Group with over 100 per cent of net profit after Q3 2014"},"content":{"rendered":"<p><strong>Boryszew Group net profit after Q3 2014 was PLN 106.9 million (125% growth y\/y) with PLN 156.7 million of operating profit (68% growth y\/y) with revenue of PLN 3.82 billion (4% growth y\/y).<\/strong><\/p>\n<p>EBIT of Boryszew Group after Q3 2014 was PLN 158 million with EBITDA of PLN 242 million. The company\u2019s net profit was PLN 106.9 million.<\/p>\n<p>&#8220;<em>Q3 2014 reflects the company\u2019s excellent position. As we have expected, we managed to increase both the operating and net profits<\/em>,&#8221; says <strong>Piotr Szeliga, President of the Board of Boryszew SA<\/strong>. &#8220;<em>A growth of automotive sector was driven mainly by new projects which \u2013 as it usually is \u2013 bring the most margin in the first period of the contract,<\/em>&#8221; <strong>Szeliga<\/strong> adds. &#8220;<em>We also noticed a spectacular improvement in zinc and lead sector. Optimised materials strategy and higher sales gave nearly three times better profit increase<\/em>&#8220;.<\/p>\n<p>After Q3 2014, Boryszew had PLN 3.82 billion of sales revenue compared to PLN 3.69 billion for the corresponding period of 2013.<\/p>\n<p>&#8220;<em>I am glad to say that the revenue increase by 4% is due mainly to higher sales volumes coming from the automotive companies. The revenue growth was over PLN 115 million as well as of aluminium and zinc and lead sector<\/em>,&#8221;<strong> Boryszew\u2019s President<\/strong> says. &#8220;<em>We make every effort to build our customer base and find other potential areas where we can start the production. We fully recognize the huge power of scale effect. Quarter-over-quarter sales growth was 7%,<\/em>&#8221; <strong>Szeliga<\/strong> adds.<\/p>\n<p>&#8220;<em>We also focus on reducing Boryszew\u2019s deb. In IIIQ 2014 the interest rate debt \/ EBITDA ratio fell down to 3.3,<\/em>&#8221; <strong>Piotr Szeliga<\/strong> concludes.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boryszew Group net profit after Q3 2014 was PLN 106.9 million (125% growth y\/y)<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[143],"tags":[],"_links":{"self":[{"href":"https:\/\/www.boryszew.com.pl\/en\/wp-json\/wp\/v2\/posts\/5082"}],"collection":[{"href":"https:\/\/www.boryszew.com.pl\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.boryszew.com.pl\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.boryszew.com.pl\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.boryszew.com.pl\/en\/wp-json\/wp\/v2\/comments?post=5082"}],"version-history":[{"count":4,"href":"https:\/\/www.boryszew.com.pl\/en\/wp-json\/wp\/v2\/posts\/5082\/revisions"}],"predecessor-version":[{"id":9812,"href":"https:\/\/www.boryszew.com.pl\/en\/wp-json\/wp\/v2\/posts\/5082\/revisions\/9812"}],"wp:attachment":[{"href":"https:\/\/www.boryszew.com.pl\/en\/wp-json\/wp\/v2\/media?parent=5082"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.boryszew.com.pl\/en\/wp-json\/wp\/v2\/categories?post=5082"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.boryszew.com.pl\/en\/wp-json\/wp\/v2\/tags?post=5082"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}