Estimated financial results after Q3

Estimated financial results after Q3

According to the preliminary estimates in the third quarter of 2016 the Company gained total net revenue on the sale of goods and services of PLN 50,810 thousand, i.e. 4.6% lower than in the analogous period of the previous year, when the Company’s revenue amounted to PLN 53,263 thousand (INTERSPORT network closed two stores in March 2016).



Net revenue on the sales of goods and services in the particular months was as follows:
• July 2016: PLN 18,534 thousand (-5.4% y/y)
• August 2016: PLN 17,919 thousand (-4.1% y/y)
• September 2016: PLN 14,358 thousand (-4.2% y/y).

Despite lower revenue on sales due to the lowering the expenses on operation and margin increase, INTERPSORT Polska S.A. network in the third quarter of 2016 reported gross loss of PLN 689 thousand, i.e. on the level comparable to the third quarter of 2015 (was: gross loss on sales of PLN 647 thousand).

Increasingly, after the three quarters of 2016 the Company gained net revenue on sales in the amount of PLN 158,080 thousand, i.e. 3.9% less as compared to the analogous period in 2015 (was: PLN 164,526 thousand).

According to preliminary estimates, after the three quarters of 2016 the Company gained:
- Gross loss of PLN 1,144 thousand (was: gross profit of PLN 688 thousand)
- EBITDA of PLN 4,929 thousand (was: PLN 6,912 thousand)

Detailed financial data will be published in the periodic report for the third quarter of 2016.

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