Fabryka Farb i Lakierow Sniezka SA 2018 AR2
The report highlights the Śnieżka Group's activities and performance in 2018, a landmark year marked by record-breaking investments of PLN 69.7 million. The company finalized negotiations to acquire an 80% stake in the Hungarian paint manufacturer Poli-Farbe Vegyipari Kft. for approximately PLN 108 million, representing the largest capital transaction in its history. Additionally, Śnieżka acquired a majority interest in Radomska Fabryka Farb i Lakierów SA (Rafil) and purchased land in Zawada for a new Logistics Centre scheduled for 2021. Financially, the Group achieved consolidated sales revenues of PLN 586.8 million, up 3.9% year-on-year, and a net profit of PLN 63.4 million.
Company: Fabryka Farb i Lakierow Sniezka SA
Sector: Materials
Country: Poland
Year: 2018
Type: AR2
Pages: 149
Fabryka Farb i Lakierow Sniezka SA
Management Report On The Activities
The report highlights the Śnieżka Group's activities and performance in 2018, a landmark year marked by record-breaking investments of PLN 69.7 million. The company finalized negotiations to acquire an 80% stake in the Hungarian paint manufacturer Poli-Farbe Vegyipari Kft. for approximately PLN 108 million, representing the largest capital transaction in its history. Additionally, Śnieżka acquired a majority interest in Radomska Fabryka Farb i Lakierów SA (Rafil) and purchased land in Zawada for a new Logistics Centre scheduled for 2021. Financially, the Group achieved consolidated sales revenues of PLN 586.8 million, up 3.9% year-on-year, and a net profit of PLN 63.4 million.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Published
Mar 29, 2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Workplace Fatalities
Employees