The commentary of President of the Management Board of the Unibep SA on the results for the first quarter of 2020

The first quarter of 2020 the Unibep Capital Group ended with the result in the amount of PLN 3.3 million (63% increase  y/y), with the sales level comparable with the last year - approx. PLN 347 million (5% increase compared with the same period of 2019). These results are in line with the expectations of the Management Board and are part of the plans for 2020 - wrote Leszek Gołąbiecki, President of the Management Board of the Unibep SA in a letter to shareholders.

He added that the order portfolio of the Group includes orders in the construction and infrastructure segments for approx. PLN 1.65 billion (including approx. PLN 1 billion for the period of Q2-Q4 2020).

- As a Group, we focus on effective management of individual projects and meticulous inspection of business costs. We have developed neutral for our employees saving programmes, because maintaining our staff is our priority. I would like to stress that we have a stable cash position, which allows us to work safely in the coming months - said Leszek Gołąbiecki.