Preliminary estimates of Selvita S.A. Capital Group’s results for the first quarter of 2023
The Management Board of Selvita S.A., with its registered office in Krakow (“Selvita”, “Company”), presents information on preliminary estimates of the Selvita S.A. Capital Group’s (“Selvita Group”) results for the first quarter of 2023, concerning selected financial data on the growth rate of commercial revenues from external clients, as well as operating profitability and EBITDA profitability. These estimates do not include Ardigen S.A., which is not fully consolidated in the Selvita Group’s results as of 2023 (Current report 01/2023 dated January 18, 2023).
Selvita’s Management Board, as of the date of publication of this report, estimates that in the first quarter of 2023:
- the growth rate of the Selvita Group’s consolidated commercial revenues from external clients will be higher compared to the first quarter of 2022, and will be in the range of 4% to 7%;
- Selvita Group’s operating profitability will reach a value in the range of 8% to 10%;
- Group EBITDA profitability will reach a value in the range of 19% to 21%.
The above preliminary estimates are based on information about the business events booked to date and on the stage of completion of contracts with clients.
The financial data presented are estimates, have not been audited, and may be subject to change until the date of publication of final results. The Company will present its final results in the consolidated quarterly report for the first quarter of 2023, which will be published on May 30, 2023.
Legal basis: Art. 17.1 MAR
Representatives of the Company:
- Bogusław Sieczkowski – President of the Management Board
- Dariusz Kurdas – Member of the Management Board