CONSOLIDATED QUARTERLY REPORT IN ‘000 PLN | II Q 2023 (07-09.2023) | I Q 2023 (04-06.2023) | V Q 2022 (01-03.2023)* | IV Q 2022 | III Q 2022 |
---|---|---|---|---|---|
Net revenue from sales of products, goods, materials and services | 211 995 | 263 671 | 324 478 | 334 649 | 250 597 |
Gross profit on sales | 64 088 | 79 769 | 95 031 | 98 128 | 73 120 |
Profit (loss) on operating activities | -14 443 | 2 551 | 10 247 | 34 504 | -1 057 |
Profit (loss) before tax | -27 466 | 5 605 | 5 813 | 38 316 | -17 390 |
Profit (loss) for the period attributable to shareholders of the Parent Compan | -71 431 | 1 302 | -1 902 | 29 824 | -17 240 |
Number of shares | 23 930 769 | 23 930 769 | 23 930 769 | 23 930 769 | 23 930 769 |
Profit (loss) per ordinary share attributable to shareholders of the Parent Company (PLN/ EUR) | -2,98 | 0,05 | -0,08 | 1,24 | -0,72 |
Net cash flows from operating activities | 36 100 | 16 783 | 21 938 | 23 367 | 35 985 |
Net cash flow from investing activities | -15 720 | -18 430 | -2 767 | 6 497 | -3 480 |
Net cash flow from financing activities | -42 600 | 11 059 | -9 421 | -26 015 | -49 722 |
Net increase/decrease in cash and cash equivalents | -22 015 | 9 222 | 9 732 | 3 694 | -16 962 |
Total assets | 1 418 657 | 1 530 036 | 1 496 103 | 1 481 119 | 1 493 897 |
Total liabilities | 580 474 | 599 972 | 614 105 | 623 024 | 744 644 |
Non-current liabilities | 141 189 | 108 504 | 284 202 | 310 693 | 416 458 |
Current liabilities | 439 285 | 491 468 | 329 903 | 312 331 | 328 186 |
Equity (attributable to shareholders of the Parent Company) | 836 092 | 927 945 | 879 877 | 855 752 | 746 900 |
Share capital | 23 931 | 23 931 | 23 931 | 23 931 | 23 931 |
Book value per share (PLN/EUR) | 34,94 | 38,78 | 36,77 | 35,76 | 31,21 |
EBIT | -14 443 | 2 551 | 10 247 | 34 504 | -1 057 |
EBITDA | -837 | 16 347 | 23 561 | 48 343 | 12 810 |
Gross margin on sales % | 30,20% | 30,30% | 29,30% | 29,30% | 29,20% |
Return on sales (ROS) % | -33,70% | 0,50% | -0,60% | 8,90% | -6,90% |
Return on equity (ROE) net profit / equity % | -8,50% | 0,10% | -0,20% | 3,50% | -2,30% |
Return on assets (ROA) net profit/ total assets % | -5,00% | 0,10% | -0,10% | 2,00% | -1,20% |
CONSOLIDATED HALF-YEAR REPORT IN ‘000 PLN | I H 2023 (04-09.2023) | II H 2022 (01-06.2022) | I H 2022 | II H 2021 | I H 2021 |
---|---|---|---|---|---|
Net revenue from sales of products, goods, materials and services | 475 666 | 585 246 | 688 698 | 718 311 | 608 598 |
Gross profit on sales | 143 857 | 171 248 | 241 669 | 285 166 | 258 157 |
Profit (loss) on operating activities | -11 892 | 33 447 | 54 732 | 92 851 | 85 741 |
Profit (loss) before tax | -21 860 | 20 926 | 41 325 | 68 343 | 83 454 |
Profit (loss) for the period attributable to shareholders of the Parent Compan | -70 127 | 12 584 | 76 960 | 48 686 | 62 143 |
Number of shares | 23 930 769 | 23 930 769 | 23 930 769 | 23 930 769 | 23 930 769 |
Profit (loss) per ordinary share attributable to shareholders of the Parent Company (PLN/ EUR) | -2,93 | 0,53 | 3,2 | 2,04 | 2,59 |
Net cash flows from operating activities | 52 882 | 59 352 | -47 756 | 99 919 | 46 448 |
Net cash flow from investing activities | -34 149 | 3 017 | -19 763 | -30 665 | -8 635 |
Net cash flow from financing activities | -31 541 | -75 737 | 71 757 | -96 521 | -69 793 |
Net increase/decrease in cash and cash equivalents | -12 793 | -13 268 | 4 293 | -27 084 | -32 356 |
Total assets | 1 418 657 | 1 481 119 | 1 541 495 | 1 437 464 | 1 439 243 |
Total liabilities | 580 474 | 623 024 | 750 244 | 642 621 | 664 494 |
Non-current liabilities | 141 189 | 310 693 | 410 820 | 319 022 | 320 414 |
Current liabilities | 439 285 | 312 331 | 339 424 | 323 599 | 344 080 |
Equity (attributable to shareholders of the Parent Company) | 836 092 | 855 752 | 788 930 | 792 215 | 772 089 |
Share capital | 23 931 | 23 931 | 23 931 | 23 931 | 23 931 |
Book value per share (PLN/EUR) | 34,94 | 35,76 | 32,97 | 33,1 | 32,26 |
EBIT | -11 892 | 33 447 | 54 732 | 92 851 | 85 741 |
EBITDA | 15 510 | 61 153 | 82 421 | 120 117 | 113 160 |
Gross margin on sales % | 30,24% | 29,26% | 35,09% | 39,70% | 42,42% |
Return on sales (ROS) % | -14,74% | 2,15% | 11,17% | 6,78% | 10,21% |
Return on equity (ROE) net profit / equity % | -8,39% | 1,47% | 9,75% | 6,15% | 8,00% |
Return on assets (ROA) net profit/ total assets % | -4,94% | 0,85% | 4,99% | 3,39% | 4,30% |
CONSOLIDATED ANNUAL REPORT IN ‘000 PLN | 15 m-cy 2022* | 12 m-cy 2022 | 2021 | 2020 | 2019 |
---|---|---|---|---|---|
Net revenue from sales of products, goods, materials and services | 1 598 422 | 1 273 944 | 1 326 909 | 1 160 007 | 1 176 618 |
Gross profit on sales | 507 948 | 412 917 | 543 323 | 474 384 | 423 412 |
Profit (loss) on operating activities | 98 426 | 88 179 | 178 592 | 142 327 | 84 237 |
Profit (loss) before tax | 68 064 | 62 251 | 151 797 | 83 362 | 75 541 |
Profit (loss) for the period attributable to shareholders of the Parent Compan | 87 642 | 89 544 | 110 829 | 49 551 | 45 122 |
Number of shares | 23 930 769 | 23 930 769 | 23 930 769 | 23 930 769 | 23 930 769 |
Profit (loss) per ordinary share attributable to shareholders of the Parent Company (PLN/ EUR) | 3,66 | 3,73 | 4,63 | 2,07 | 1,89 |
Net cash flows from operating activities | 33 534 | 11 596 | 146 367 | 165 125 | 198 316 |
Net cash flow from investing activities | -19 513 | -16 746 | -39 300 | 41 070 | -24 618 |
Net cash flow from financing activities | -13 401 | -3 980 | -166 314 | -173 461 | -165 551 |
Net increase/decrease in cash and cash equivalents | 757 | -8 975 | -59 440 | 33 634 | 7 829 |
Total assets | 1 496 103 | 1 481 119 | 1 437 464 | 1 471 965 | 1 571 021 |
Total liabilities | 614 105 | 623 024 | 642 621 | 675 755 | 789 819 |
Non-current liabilities | 284 202 | 310 693 | 319 022 | 322 797 | 252 854 |
Current liabilities | 329 903 | 312 331 | 323 599 | 352 958 | 536 965 |
Equity (attributable to shareholders of the Parent Company) | 879 877 | 855 752 | 792 215 | 793 647 | 781 185 |
Share capital | 23 931 | 23 931 | 23 931 | 23 931 | 23 931 |
Book value per share (PLN/EUR) | 36,77 | 35,75 | 33,1 | 33,16 | 32,64 |
EBIT | 98 426 | 88 179 | 178592 | 142 327 | 84 237 |
EBITDA | 167 135 | 143 574 | 233277 | 198 124 | 141 311 |
Gross margin on sales % | 31,77% | 32,41% | 40,90% | 40,90% | 36,00% |
Return on sales (ROS) % | 5,48% | 7,03% | 8,40% | 4,30% | 3,80% |
Return on equity (ROE) net profit / equity % | 9,96% | 10,46% | 14,00% | 6,20% | 5,80% |
Return on assets (ROA) net profit/ total assets % | 5,86% | 6,05% | 7,70% | 3,40% | 2,90% |
* At the Extraordinary General Meeting of Shareholders of Fabryki Mebli “FORTE” S.A. on June 16, 2021, a resolution was adopted, based on which the fiscal year was changed to ultimately run from April 1 to March 31 of the following calendar year. As a consequence of this decision, the fiscal and tax year that began on January 1, 2022, had a transitional nature and lasted for 15 months until March 31, 2023. VQ 2022 covers the period from January 1, 2023, to March 31, 2023, resulting from the transitional 15-month fiscal year.
The first official fiscal year of the Group commenced on April 1, 2023, and will last until March 31, 2024.