Lubawa SA Management Board on February 7 announced the Company's estimated standalone financial results for 2023. Lubawa SA standalone estimated sales revenue amounted to PLN 154.1 million, compared to PLN 70.4 million in 2022, an increase of PLN 83.7 million, or 118.9%. Unconsolidated estimated net profit on sales amounted to PLN 33.7 million, compared to PLN 3.5 million profit in 2022, an increase of PLN 30.2 million. Unconsolidated estimated net profit was PLN 17.0 million, compared to PLN 0.4 million profit in 2022, an increase of PLN 16.6 million.
According to the current report, the increased revenues realized in the last quarter of 2023, and the consequent increase in the Issuer's standalone results, were achieved as a result of deliveries in the reporting quarter under significant contracts acquired in 2023.
Today we present the valuation of Lubawa SA, prepared by companyvalueradar.com.
Lubawa SA has been in business since 1951 and has been listed on the Warsaw Stock Exchange since 1996. The company manufactures ballistic shields, bulletproof vests, tents and specialized coated fabrics. The company also specializes in health and safety systems.
← Go back