Debica S.A. Announces Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015
For the half year period, the company announced posted sales revenues totaling PLN 939.5 million, down by 8.7% compared to the first half of the previous year. In the first half of 2015 operating profit (EBIT) reached the level of PLN 81.2 million and was up by 4.2% compared to that in the same period 2015, which was possible due to rigorous control of costs of sales and general management they were down by 32.2%. In the first half of 2015 net profit totaled PLN 71.9 million down by 12.8% compared to the first half of last year, which was driven significantly by a provision set up for deferred tax totaling PLN 11 million, in relation to the operations in the EuroPark Mielec Special Economic Zone.