The Ulma Construccion Polska Group with a decrease in profit by over 40 percent.
The Ulma Construccion Polska Group, according to estimates, in 2022 has slightly more than PLN 200.9 million in sales revenue and approximately PLN 14.5 million in net profit. This, compared to the results for 2021, means a decrease in income by 4.2%, and net profit by 41.9%.
- Ulma Construccion Polska publishes preliminary estimates of selected fund and operating group data for 2022.
- According to preliminary data from Ulma Construccion Polska, in 2022 consolidated sales revenues will amount to PLN 200.94 million compared to PLN 209.85 a year earlier.
- Consolidated EBITDA of Ulma Construccion Polska according to estimates achieved in 2022 PLN 67.63 million compared to PLN 75.63 million a year earlier.
The Management Board of Ulma Construccion Polska publishes preliminary estimates of selected data of the fund and the operational group of Ulma Construccion Polska for 2022.
According to the information provided by Ulma Construccion Polska, in 2022, which means a year of decline by 4.2 percent.
Decrease in origin for the situation in the production of building materials
Consolidated revenues in construction assistance last year amounted to PLN 159.33 million compared to PLN 153.71 million a year earlier.
The company spun off in the conclusion that in 2022 it was possible to obtain revenues from sales in servicing construction sites in Poland, the Baltic States and in Kazakhstan, and their dynamics in the country with the same period made for a year on the obtained revenue gap related to the limited scale of operating activities to the starting Ukrainian.
Meanwhile, consolidated revenues in the Sales of Building Materials in 2022 amounted to PLN 41.61 million and PLN 56.13 million in 2021.
Special company that the group’s activity in the Sales of Building Materials software in 2022 was taken under the spin-off of operating activities in Ukraine, combined with 2021 and low in 2022. owned and controlled by Ulma CyE, S. Coop. “following the high degree of use of equipment in Poland and the Baltic countries as part of rental services.”
– Including the negative dynamics in the use of the Sales of Building Materials in order to apply the source to decreases in operating profitability – reported Ulma Construccion Polska, controlled by the aforementioned Ulma CyE, S. Coop based in Spain.
Estimates including revaluation of the provision for the risk of permanent dismemberment belonging to a company operating in Ukraine
Consolidated EBITDA profit Ulma Construccion Polska achieved a profit last year of almost PLN 67.63 million PLN 75.63 million. Although according to the estimates of the consolidated net profit of Ulma Construccion Polska, it showed an effectiveness of PLN 14.5 million in 2021 compared to approximately PLN 24.98 million in 2021, which means a decrease in this profit by 41.9 percent.
The company investigated that an estimate of the results was given that affects the effectiveness of revaluation of the provision for the risk of permanent reduction of the formwork share belonging to the operating company of the group operating on the Ukrainian market.
– according to the forecast as at 31 December 2022, the value of the provisions was assessed at the consolidated level, it was estimated at PLN 436 thousand. PLN, which was related to the reversal of the function recognized in the specified period in the amount of PLN 3,933 thousand. PLN – Ulma Construction Polska was informed.
The subject of activity of the Ulma Construccion Polska group is the lease and sale of formwork systems (formwork systems) and scaffolding for construction purposes.
