The Capital Group of Lubelski Węgiel Bogdanka in H1 2016 generated sales revenue on the level of over PLN 848.9 mln and net profit in the amount of almost PLN 75 mln. It means that despite further drop in prices, both the revenue and net profit were kept on the level close to the same period of the previous year. EBIT result in the said period amounted to PLN 96.6 mln (drop by 4.7 per cent yoy) and EBITDA: PLN 277.4 mln (drop by 4.9 per cent).
LW BOGDANKA S.A. finished drilling works related to drilling of two boreholes under the prospecting license for the Ostrów deposit.
LW BOGDANKA S.A., the most modern and efficient hard coal mine in Poland, making part of the Enea Group - one of the leaders of the Polish power market, has confirmed that it will continue to be the main sponsor of the Górnik Łęczna football club. The sponsorship agreement has been renewed for another year and will be effective until the end of June 2017.
The Lubelski Węgiel BOGDANKA Group in which LW BOGDANKA S.A., the most modern and efficient hard coal mine in Poland, is the parent, has published Integrated Report for 2015.
This is the third report prepared by LW Bogdanka in accordance with the Global Reporting Initiative (GRI) guidelines, and the second integrated report combining both financial and non-financial aspects of the Group’s business.
In Q1 2016, Lubelski Węgiel Bogdanka Group generated sales revenue on the level of almost PLN 420.6 mln, which were by 1.8 per cent lower than in the same period of the previous year. At the same time, the other key financial results improved: EBIT amounted to PLN 78.9 mln (growth by 63.8 per cent yoy), EBITDA PLN 173.3 mln (growth by 20.0 per cent yoy) and net result PLN 54.4 mln (growth by 66.6 per cent).