Another record-breaking results of the Mangata Group in Q1 2022
The Group’s sales revenues for the first quarter of 2022 amounted to PLN 263 million and were 45% higher compared to the same period in 2021. The segment of automotive subassemblies and components recorded the highest increase in revenues – PLN 146 million, i.e. 35% y-o-y. This segment is responsible for 55.7% of the Group’s revenues. Very good sales translated into the achievement of PLN 41 million EBITDA (increase by approx. 42% y-o-y). In the first quarter of 2022, the Mangata Group generated a consolidated net profit of PLN 25 million (an increase of 52%), which is a record level in the Holding’s history.
