Budimex.pl

News

The Social Insurance Institution supports the ideas of the Construction Safety Alliance

On 20 October 2014, the Social Insurance Institution and the Construction Safety Alliance signed a letter of intent, which initiated cooperation between the institution and beneficiaries of the Construction Safety Alliance within the scope of improving safety in the group of small and medium enterprises — subcontractors of large construction companies.

Comments on the financial data for the first half of 2014

Year 2014 is the first year of the new EU budget for 2014-2020. Building a portfolio of orders for future years by obtaining ...

Comments for the 1st quarter 2014

Budimex Group sales in the first quarter of 2014 amounted to 834 million dollars. In the first quarter of 2013 it was 853 million ...

New member of the Supervisory Board of Budimex SA

The Management Board of Budimex SA announces that on 29 January 2014, in relation to the resignation of Mr. Tomasz Siedlicki from his function in the Supervisory Board of Budimex SA as of 7 January 2014, it has decided to co-opt Mr. Janusz Dedo.

Comments from Dariusz Blocher, President of the Management Board of Budimex SA, on selected financial data from the consolidated Financial Statements of the Budimex Group for the 3rd quarter 2013

The improving situation on the market results in decreasing the sales decline for the first and second quarter of this year of the Budimex Group, which in the third quarter amounted to 19% with sales of 1 368 million zł.
 

Comments from Dariusz Blocher, President of the Management Board of Budimex SA, on selected financial data from the consolidated Financial Statements of the Budimex Group for the first half 2013

In the first half of the year the Budimex Group reported operating profit at a level higher than in the same period last year, increasing profitability from 2.0% to 4.2%. The Group has also improved profitability at all other levels.
 

Comments for the 1st quarter 2013

The decrease in sales in the construction segment has structured its results. In the first quarter 2013 in this segment the operating profit and profit before tax was of EUR 14 million zł and a net profit of 10 million zł, compared to profit at the level of 31 mln zł, 38 million and 29 million zł zł in the same period of 2012.
 

The Management Board and the Supervisory Board recommend to cover the losses brought forward totalling PLN 147,636 thousand from the supplementary capital, generated by the share premium, which as of 31 December 2012 was PLN 225,755 thousand. Once the loss has been covered, the supplementary capital, generated by the share premium will amount to PLN 78,119 thousand.

Comments from Dariusz Blocher, President of the Management Board of Budimex SA, on selected financial data for 2013

Sales declines in 2013 are not a surprise to the market. It's the year of the expected slowdown and waiting for a new EU budget for 2014-2020, which was finally approved in November of 2013.
 

February 18, 2013 Comments for the 2012
Comments for the 2012

In 2012, the Group reported record sales realized at the level of 6.078 million zł, more than 10% higher than the sales achieved in the corresponding period of 2011 despite the fact that construction and assembly production in the period fell by -1.1%.
 

Comments for the 3rd quarter 2012

In the third quarter of this year Budimex Group realized sales of 1.697 million zł, about 8% higher than the sales achieved in the corresponding period of 2011, mainly due to the consolidation of revenues PNI.
 

Comments for the 1st quarter 2012

The Budimex Group owes this growth to the construction segment, particularly to the implementation of major road contracts. Sales in this segment increased in the comparable periods of up to over 56%.
 

Comments for the 1st half of 2012

This increase is mainly the result of the construction segment, whose sales increased in the comparable period of nearly 34%.
 

Justification for draft resolution No 168 of the Annual General Meeting on the distribution of profit for 2011.

Comments on selected financial data for 2011

This increase is the result of increased sales (about 36%) in the construction segment Budimex Group, which offset the decline in sales (almost 50%) in the property development segment, resulting from a significant decrease in 2010, the stock of finished apartments Budimex Real Estate. This company accounts sales revenue only upon the signing of the notarial deed of sale.
 

Commentary on results for 3 quarters of 2011

In the 9-month period ended 30 September 2011, the Budimex Group earned sales revenue of PLN 3,822.6 million, which represents an increase by 21% compared with the revenue earned in the same period of 2010.

Commentary on selected financial data for the first half of 2011

In the first half of 2011, consolidated sales of Budimex amounted to nearly PLN 2,250 million and were nearly 30% higher than the sales earned in the corresponding period of 2010.

Commentary to the financial statements of the Budimex Group for Q1 2011

In the first quarter of this year. Budimex Group realized sales of nearly 798 million zł, therefore 38.2% higher than the sales achieved in the same period of 2010.

 

Justification for draft resolution No 161 of the Annual General Meeting on the distribution of profit for 2010 The Management Board and the Supervisory Board recommend allocation of the full amount of profit for 2010, increased by the amount of supplementary capital corresponding to the portion resulting from accumulated profits, for the dividend payment of PLN 9.08 gross per share, on the basis of the following:

 
I understand

This site uses cookies, so that might work better. Read about cookies at Website Privacy Policy