In accordance with the prognoses published in the Information Document forecasted earnings of the Company for the year 2011 were given in the following amounts:
- projected revenues from sales and equivalents for the year 2011 10 228,60 thousand euro
- projected net profit for the year 2011 = 1931,70 thousand euro
The Board of Directors estimate that indicated level of Revenues and net income will not be fulfilled in the year 2011 and re-evaluate forecasts as follows:
- projected revenues from sales and equivalents for the year 2011 = 6 204,75 thousand euro
- projected net profit for the year 2011 = 1 540,05 thousand euro
The primary reason for revision of the forecasts of the Company's financial result is a delay in the delivery and installation of new line of sunflower refinery. It was assumed in financial projections that new line will start working in August, which would increase significantly capacity to process sunflower seeds into sunflower oil. The implementation of new line wasn't finished till November, 11-th, what will affect the results achieved by the Company in 2011.
Legal basis: § 3, subparagraph 2 point 15 of the Exhibit 3 to the Rules of ASO -Current and Periodical Information provided in the Alternative Trading System NewConnect.
Osoby reprezentujące spółkę:
- Alexandr Berdnyk - Chairman of the Board of Directors