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Business Summary: Compremum SA is a Poland-based company which is primarily engaged in construction and engineering sector. The Company's activities are divided into five business segments: Holding activities, which provides business support and advisory services in the field of, among others, accounting and finance, Human resources (HR) and payroll, Information Technology (IT), legal, security support, marketing and administrative services; Construction services, which provides construction services in the field of general, industrial and engineering construction for institutional clients and public entities; Railway division, which provides periodic repairs, maintenance, modernization and inspection of passenger railway wagons; Renewable Energy, which is engaged in construction work related to the photovoltaic farms and sale and servicing of energy storage facilities and Real estate development services, which carries out development projects and construction works as a general contractor.
Financial Summary: BRIEF: For the nine months ended 30 September 2023, Compremum SA revenues increased 46% to PLN244.5M. Net income before extraordinary items increased 97% to PLN34.9M. Revenues reflect Poland segment increase of 53% to PLN240.9M. Net income benefited from Selling Costs decrease of 65% to PLN1.3M (expense), Other Operating Expenses - Balancing v decrease of 81% to PLN213K (expense).