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Budimex nets BIG in H1, posts big numbers in filing

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Budimex builder nets PLN 194.6 mln in attributable net profit in H1, revenues hit PLN 2.72 bln - filing

09:31 26/07/2017
 
 
Profile: BUDIMEX

Listed builder Budimex posted an attributable net profit of PLN 194.6 mln in H1, implying Q2 take of PLN 109.5 mln, while H1 revenues rose to PLN 2.72 bln, Budimex said in a market filing citing select H1 data.

 

SELECT H1 NUMBERS VERSUS PRIOR-YEAR PERIOD:

Full size
  H1 2017 H1 2016 y/y change
Revenues 2 721 772 2 429 700 12,0
Gross profit (on sales) 352 094 300 274 17,3
Cost of sales -16 303 -14 747 10,6
Overhead costs -102 322 -99 261 3,1
Operating profit 249 154 178 270 39,8
Pre-tax profits 243 689 182 944 33,2
Net profits 194 781 146 518 32,9
- attributable 194 638 146 067 33,3
 

Budimex held PLN 9.61 bln backlog at the end of H1, up from PLN 9.27 bln at the end of H1 2016, the filing showed.

 
 

 

2017-07-26



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