{"id":5117,"date":"2013-11-14T00:00:00","date_gmt":"2013-11-13T23:00:00","guid":{"rendered":"https:\/\/www.boryszew.com.pl\/wyniki-grupy-boryszew-po-iii-kwartalach-2013-r\/"},"modified":"2021-12-06T12:07:34","modified_gmt":"2021-12-06T11:07:34","slug":"q3-2013-financial-results","status":"publish","type":"post","link":"https:\/\/www.boryszew.com.pl\/en\/q3-2013-financial-results\/","title":{"rendered":"Q3 2013 financial results"},"content":{"rendered":"<p><strong>Boryszew\u2019s net profit in Q3 2013 was PLN 47.4 million with operating profit of PLN 93.1 million and sales revenue of PLN 3.7 billion.\u00a0<\/strong><\/p>\n<p>Boryszew Group reported a third quarter 2013 operating profit of PLN 93.1 million with EBITDA of PLN 188,6 million. Boryszew\u2019s net profit in the third quarter was PLN 47.4 million.<\/p>\n<p>&#8220;<em>In the third quarter of 2013 we reported a slight reverse of market trends compared to the first half of the year<\/em>,&#8221; says <strong>Piotr Szeliga, President of the Board of Boryszew S.A.<\/strong> &#8220;<em>Europe\u2019s decline in car sales, affecting the results of Boryszew\u2019s automotive activity, hasn\u2019t yet been compensated by our growing businesses in Brazil, China and Russia. However, the market is now recovering, and combined with Maflow\u2019s nearly completed restructuring and BAP\u2019s rapid progress, the situation appears cautiously optimistic. We are also happy about Impexmetal\u2019s results, particularly in the aluminum and copper segments. We are working on maintaining this trend and further increase of margins and sales volumes,<\/em>&#8221; <strong>President of the Board of Boryszew <\/strong>adds.<\/p>\n<p>After three quarters of 2013, Boryszew Group generated PLN 3.7 billion of sales revenue, which is 0.7% less than in the same period of 2012.<\/p>\n<p>&#8220;<em>This slight decrease in the Group&#8217;s revenue is related mainly to the automotive market\u2019s condition in Europe,<\/em>&#8221;\u00a0<strong>President of the Board of Boryszew<\/strong>\u00a0says. &#8220;<em>Also, the aluminum segment, despite achieving its tonnages, recorded a sales decrease. It is linked directly to the decrease in metal prices on the London Stock Exchange. Copper, zinc, and lead segments recorded sales volume increases. It\u2019s worth noting that Walcownia Metali Dziedzice achieved historically high results in addition to ZM Silesia O\u0142awa Branch delivering steady growth.<\/em>\u2019\u2019 <strong>Piotr Szeliga<\/strong> adds, &#8220;<em>What\u2019s more important is that this year\u2019s results don\u2019t include one-off events and this provides a solid foundation for development<\/em>.&#8221;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boryszew\u2019s net profit in Q3 2013 was PLN 47.4 million with operating profit of<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\/5117"}],"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=5117"}],"version-history":[{"count":3,"href":"https:\/\/www.boryszew.com.pl\/en\/wp-json\/wp\/v2\/posts\/5117\/revisions"}],"predecessor-version":[{"id":9884,"href":"https:\/\/www.boryszew.com.pl\/en\/wp-json\/wp\/v2\/posts\/5117\/revisions\/9884"}],"wp:attachment":[{"href":"https:\/\/www.boryszew.com.pl\/en\/wp-json\/wp\/v2\/media?parent=5117"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.boryszew.com.pl\/en\/wp-json\/wp\/v2\/categories?post=5117"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.boryszew.com.pl\/en\/wp-json\/wp\/v2\/tags?post=5117"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}