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The Warsaw Voice » Business » June 25, 2014
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Kety metals sees substantial growth in revenues in Q2
June 25, 2014   
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Metal company Kety generated some PLN 49 million consolidated net profit, PLN 60 million EBIT, PLN 80 million EBITDA and 430-440 million revenues in Q2 2014, the company said in a market filing citing "very good" preliminary estimates.

Kety thus expects 14% year on year growth in revenues and more than 80% y/y increase in EBIT, the filing reads.

The main reason of the substantial growth is improvement on the local market, a maintenance of export growth plus margin growth in individual segments, the company said.

Net profit of PLN 49 million, up by 14% year on year, will be boosted by about PLN 5 million tax one-off, Kety added.

All of the group's segments enjoyed revenue growth for another quarter in Q2, according to the filing.
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