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The IZOBLOK Corporate Group has achieved consolidated operating income in the amount of 53,559 PLN thousand, it is 1,1 % more than in the same period of the 2017/2018 financial year. After the first quarter of 2018/2019, the Group earned operating profit of 2,826 PLN thousand that is 440% more than in the same period of 2017/2018. Whereas the EBITDA ratio in the reported period was 7.749 PLN thousand and was up by 36.7% from EBITDA for 1Q 2017/2018.

I rate the results of Q1 well, we can see sales growth, despite the signals that may cause slight industry concern, I am optimistic about the future. In the next quarters we are going to face many challenges regarding launching of new demanding projects which let us use the whole potential of the plant’s production potential in Poland. “The company is going on with technological development and capital group consolidation to achieve a high level of competitiveness and market advantage,” said Przemysław Skrzydlak, CEO of IZOBLOK S.a”

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