Conference after publication of the results for the first half of 2018

 

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.