Estimation of the consolidated net profit of the Budimex Group for Q4 2023
The Management Board of Budimex SA informs that the consolidated net financial result of the Budimex Group for Q4 2023 was PLN 287 million, which represents an increase of PLN 107 million (59%) compared to the respective period of the previous year.
The increase in net consolidated profit results from higher sales revenues and improved operating profitability of the construction segment.
The estimated consolidated revenue for the Q4 2023 amounted to PLN 2.8 billion and the operating profit amounted to PLN 295 million. The estimated contract value of the contracts signed by the Budimex Group in Q4 amounted to PLN 3.8 billion. The Group’s net cash position at the end of the year amounted to PLN 3.8 billion and the order book under implementation amounted to PLN 13.1 billion.
Publishing the abovementioned information about a change in consolidated profit is the result of a significant change in the level of the net financial result within the period.
