Estimate of the consolidated net profit of the Budimex Group for Q4 2024
The Management Board of Budimex SA informs that the consolidated net profit of the Budimex Group for the 4th quarter of 2024 amounted to PLN 172 million and was higher by PLN 1 million than the result achieved in the 3rd quarter of 2024. Estimated consolidated revenues for 2024 amounted to PLN 9.1 billion and operating profit to PLN 744 million. The value of contracts signed by the Budimex Group in 2024 amounted to PLN 12.6 billion. The Group’s net cash position at the end of the year amounted to PLN 3.1 billion, and the order backlog reached PLN 17.8 billion. Estimated consolidated revenues for Q4 2024 amounted to PLN 2.6 billion, and operating profit amounted to PLN 235 million. Consolidated net profit in Q4 2024 was lower by PLN 114 million (-40%) compared to the corresponding quarter of 2023, in which significant, non-cyclical events were recorded that had a positive impact on the financial result. The publication of the above information on the change in consolidated profit is a consequence of a significant change in the level of the net financial result in a given period compared to the corresponding period of the previous year.