Brief: Mex Polska lowers FY 2018 guidance

Mex Polska SA

01/08/2018 10:46

Aug 1 (Reuters) - MEX POLSKA  MEXP.WA :
    * SAID ON TUESDAY THAT IT DECIDED TO LOWER ITS FINANCIAL
FORECAST
FOR FY 2018 AND REVOKE THE GUIDANCE FOR 2019
    * EXPECT NOW NET PROFIT OF 4.6 MILLION ZLOTYS ON REVENUE OF
67.4
MILLION ZLOTYS IN 2018
    * MEX POLSKA POINTS TO UNSTABLE SITUATION ON THE LABOUR
MARKET AND
PRESSURE ON WAGES AND GOODS PRICES AMONG OTHERS
    * WILL ALSO SET A RESERVE WHICH WILL LOWER FY FINANCIAL
RESULT BY
0.2 MLN ZLOTYS
    * ON JULY 16 THE COMPANY SAID THAT IT MIGHT HAVE TO PAY 0.2
MILLION ZLOTY IN TAXES  urn:newsml:reuters.com:*:nFWN1UC0I3
    * PREVIOUSLY IT FORESAW FY 2018 REVENUE OF 88.7 MILLION
ZLOTYS,
EBITDA OF 11.0 MLN ZLOTYS AND NET PROFIT OF 7.1 MLN ZLOTYS 

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEMbY5L4Na
    
 Further company coverage:  MEXP.WA  
   


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