Robyg : Current Report no. 5 - Forecasts of selected consolidated financial and operational data of the capital group of ROBYG S.A. for the period of 2016

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Current Report no. 5/2016

Number and Date of the Current Report:

Current Report no. 5/2016 dated 13 January 2016 Subject of the Current Report:

Forecasts of selected consolidated financial and operational data of the capital group of ROBYG

S.A. for the period of 2016 Legal basis:

Art. 56 Section 1 point 2 of the Act on public offerings and terms and conditions of introducing of financial instruments to the organised system of trading and on public companies in connection with § 5 section 1.25 of the Regulation of the Minister of Finance dated 19 February 2009 concerning current and interim information to be disclosed by issuers of securities and the conditions for recognising as equivalent information required by the law of a country that is not a member state

Content of the Current Report:

The Management Board of ROBYG S.A. with its registered office in Warsaw (the "Company") hereby presents the forecast of selected consolidated financial and operational data of the capital group of the Company for 2016:

1. the planned consolidated operating profit (EBIT) - PLN 115,000,000.00 (including the post- tax share of the profit of the joint ventures of the capital group of the Company accounted for using the equity method);

   
   

2. the total number of units planned to be recognised in the revenues of the companies from the capital group of the Company and in the financial results of the joint ventures of the capital group of the Company - 2,800, including:

   • in relation to the companies from the capital group of the Company - 1,600 units,

   • in relation to the joint ventures of the capital group of the Company - 1,200 units;

     
     

3. the most significant share in the number of units planned to be recognized in the revenues of the companies from the capital group of the Company and in the financial results of the joint ventures of the capital group of the Company in 2016 will have the following projects: Osiedle Królewskie and Królewski Park together - around 20%; Słoneczna Morena - around 15%; Young City - around 15%; Lawendowe Wzgórza - around 10%; Albatross Towers - around 10%; Park Wola Residence - around 10%.

The above-mentioned results have been calculated on the basis of the number and the average sale price of units that are planned to be delivered to clients during 2016 maintaining the current speed and level of contracting of units as well as assuming a stable level of costs to be incurred by the capital group of the Company in realisation of the above investment projects.

Simultaneously, while presenting the above-mentioned results, the Management Board has assumed stable prices, stable demand and supply on the real estate market, as well as, stability of the legal and regulatory environment of the real estate market, and the continuation of the credit policy of banks, as well as, completion of the above-mentioned investment projects according to their schedules.

The Company shall monitor the possibility of the realization of the above forecasted data upon completion of each quarter of 2016 in order to verify the necessity of a potential correction of this current report in accordance with the requirements of law. The verification shall be performed on the basis of a comparison of the said forecasted results with the estimated results for each quarter and assessment of their influence on the achievement of the forecasted results, as well as, through making an analysis whether there have occurred factors or circumstances that could influence the presented forecasted results.

The above-mentioned results have been presented according to the best knowledge of the Management Board at the date of their preparation and on the basis of the assumption that no circumstances shall occur of shown up which could have material impact on the presented results.

Signatures of the Management Board:

Eyal Keltsh - Vice-President of the Management Board of ROBYG S.A. Artur Ceglarz - Vice-President of the Management Board of ROBYG S.A.