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PBG and HP expected 2008 profit surge

2008-10-24 00:00
publikacja
2008-10-24 00:00
HP has substantially revised its figures upwards, which this time take into account consolidated results and thus its net earnings should amount to zł.83.7 million, that is zł.30 million above expectations. In turn, the consolidated net profit of PBG is expected to be up 10.6 percent to reach zł.195.4 million.

"While preparing our projections in April, we stressed these were very conservative as we took into account numerous risk factors. Following a preliminary analysis of our Q3 results we can assume that we managed to avoid many of them," said Jacek Krzyżaniak, spokesperson and supervisory board member of PBG, which controls a 61.6 percent stake in Hydrobudowa Polska.

He went on to say that taking into account that the portfolio of orders for 2009 is full, the firm will manage to keep its 50 percent growth rate of profits next year as well.

Sources: Parkiet, Puls Biznesu (M.M.)

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Miejski model Ford Puma. Trwa wyjątkowa wyprzedaż

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