In the third quarter of 2018, the MANGATA HOLDING Group generated sales revenues of PLN 541 million, which is an increase of more than 16% compared to the same period in 2017, net profit amounted to PLN 44.4 million - an increase of PLN 8.9 million and EBITDA increased by PLN 9.9 million to PLN 77.1 million - an increase of approx. 15%.

More information in the statement [pdf]


 

On 11.09.2018, a conference of the MANGATA holding was held, during which the results for the first half of 2018 and plans for the future were presented. After the first half-year, the company's revenues amounted to PLN 361.3 million, which is 52 percent of the full-year forecast. EBITDA amounted to PLN 50.4 million (51% of the forecast), and the net profit amounted to PLN 31.6 million, which is 61% of the forecast for 2018. The Group's revenue increased in the first half of the year by 15 percent, EBITDA by 6.5 percent, and net profit increased by 22.5 percent. "We would like 50% of net profit to be paid in the form of a dividend, with the reservation that is in the dividend policy, i.e. if other issues related to business security are not violated, the management would like to recommend this level of dividend in subsequent periods" - said the President of the Board - Leszek Jurasz at a meeting with investors.

 


 

At 11 June 2018 Mangata Holding S.A. lost the shareholder status of Techmadex S.A. with its registered office in Warsaw (hereinafter "Techmadex") in connection
with the sale of all Techmadex shares owned by the Issuer.

The development strategy implemented by the Issuer does not envisage building significant business values of the Mangata Holding Capital Group in the area in which Techmadex operates. At the same time, the Issuer does not assume any further significant capital engagement in the strategic directions of development that Techmadex intends to implement.
Bearing in mind that the activities and development plans of Techmadex and the Mangata Holding Capital Group are going in other directions, continuing this investment is not justified. The Issuer's several years' cooperation with Techmadex did not bring the results assumed by the Issuer, both financial and in the scope of building common values and using the synergy effect in the companies of the Mangata Holding Capital Group.
More information: http://mangata.com.pl/images/pdf/raporty_biezace_2018/cr_11__2018.pdf

 

 

 


The Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of individuals with regard to the processing of personal data and on the free transfer of such data and repealing the Directive 95/46/EC (General Data Protection Regulation) introduces significant changes in the field of informing data subjects regarding the processing of personal data concerning them. Fulfilling the obligation of the GDPR, we inform that the controller of personal data processed in the company is MANGATA S.A. with headquarters in Bielsko Biała, at ul. Cechowa 6/8, 43-300. More information about processing data can be found at the following link:

GDPR clause [pdf]