Estimated financial reports for the year 2013
Legal grounds:
Art. 56 Section 1 Clause 2 of the Law on public offer – current and periodic information
Pursuant to the provisions of §5 section 1 clause 25 of the Regulation of the Minister of Finance dated 19 February 2009 on current and periodic information submitted by issuers of securities, the Management Board of INTERSPORT Polska S.A. based in Cholerzyn notifies that according to preliminary estimates in 2013 the Company:
1). Gained revenue on sales of goods and services on the level comparable to previous years (in 2013: PLN 219,866 thousand; in 2012: PLN 219,681 thousand without additional sales of UEFA EURO licensed products run on stadiums and in fan zones);
2). Gained total net revenue on the sale of goods and services of PLN 219,866 thousand, i.e. 5.6% less as compared to total revenues in 2012 (PLN 233,004 thousand of which PLN 13,323 thousand from the sales of UEFA EURO products);
3). Gained EBIDTA of PLN 6,700 thousand as compared to EBIDTA gained in 2012, i.e. PLN 10,312;
4). In a year to year comparison, the Company reduced the costs of using materials and electricity by 13.8%; third party services by 1.9% and financial costs by 35.0% - in effect of implemented optimization process;
5). In the fourth quarter the Company lowered the margin on sales, due to the lack of typical for winter weather and the necessity of selling out skiing and snowboarding attire and equipment which in effect contributed to the final loss;
6). Gained gross loss of PLN 2,100 thousand as compared to PLN 1,022 thousand of profit in 2012.
Detailed financial report for the year 2013 will be published on 21 March after verification of all data included therein by a chartered auditor.