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26 May
01:00

Polish distributor reports 10% Q1 sales increase despite seasonal slowdown

Poland’s third-largest steel distributor, Konsorcjum Stali (KS), reported a 10% on-year increase in consolidated revenue to PLN 284.43 million ($75.13m) in the first quarter. Net profit rose 149% to PLN 6.5m, while ebitda rose 6% to PLN 10.44m. “Despite the natural seasonal slowdown in the industry, [… Q1] was a very good period for Konsorcjum Stali and its capital group,” KS says in a report seen by Kallanish. “The very good r…
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