The Group

Financial information

List of results

Financial information

 

CONSOLIDATED ANNUAL REPORTS 2013 2014
Net revenues from sales (thousand PLN) 588 101 584 207
Profit (loss) on operations (thousand PLN) 35 351 26 496
Gross profit (loss) (thousand PLN) 25 381 7 318
Net profit (loss) (thousand PLN)* 25 786 24 477
Amortisation and depreciation (thousand PLN) 14 800 14 508
EBITDA (thousands PLN) 50 151 41 004
Asserts (thousand PLN) 387 293 394 310
Equity (thousand PLN)* 186 522 193 862
Equity of the shareholders of the parent company (thousand PLN) 186 522 193 862
Number of shares (thousand pcs)* 60 375 60 375
Book value per share (PLN) 3,09 3,21
Audited report YES YES
 SEPARATE ANNUAL REPORTS 2013 2014
Net revenues from sales (thousand PLN) 553 995 560 778
Profit (loss) on operations (thousand PLN) 30 322 25 598
Gross profit (loss) (thousand PLN) 33 311 14 184
Net profit (loss) (thousand PLN)* 34 557 30 357
Amortisation and depreciation (thousand PLN) 14 149 13 909
EBITDA (thousands PLN) 44 471 39 507
Asserts (thousand PLN) 381 979 386 117
Equity (thousand PLN)* 182 512 192 494
Number of shares (thousand pcs)* 60 375 60 375
Book value per share (PLN) 3,02 3,19
Audited report YES YES
Information about financial forecasts published by the company for the last 5 fiscal years.
I. Wielton S.A. sales outlook for 2011

In accordance with the forecast published in April 2011, Wielton S.A. (the Company, the Issuer) in 2011 planned to generate revenues from sales in the amount of 425 million PLN, i.e. 66 % more than during the four quarters of 2010, subject to a sales volume in the order of 5,755 pcs, i.e. 59 % more than during the four quarters of 2010.

The 2011 sales forecast was based on estimates and analyses which were formulated by the Management Board pursuant to the state of knowledge at the time. The Management Board based the sales growth forecast, both in terms of value as well as volume, on orders, which have been submitted and were being submitted on an on-going basis to the Company, in particular from export markets where the Issuer’s products were available.

Other significant assumptions, on which the published forecast was based were as follows:

  • following publication date the average PLN/EUR FX rate in 2011 will remain at a level of 4.0119 PLN/EUR,
  • an increase in the proportion of export sales in terms of value in the Company’s sales structure to 47 % from 36 % during the four quarters of 2010.

 

PDF Download file
a. Wielton S.A. 2011 sales revenues forecast exceeded

In December 2011 Wielton S.A. announced that the 2011 sales revenues forecast published in April 2011 has been exceeded. The forecast assumed that in 2011 the Issuer will generate revenues from sales in the order of 425 million PLN. Between January and November 2011, Wielton S.A.’s revenues from sales amounted to 440 million PLN.

The excession of the revenues from sales forecast was primarily associated with:

  • record monthly sales generated in November 2011, amounting to more than 50 million PLN with sales of more than 560 pcs. of products,
  • a high share of export sales subject to a favourable EUR/PLN FX rate.
PDF Download file
II. Wielton S.A. consolidated financial results forecast for 2012

In accordance with the forecast published in March 2012, the Issuer in 2011 planned to generate a net consolidated financial result of 20 million PLN, i.e. 82 % more than during the four quarters of 2011, subject to forecast revenues from sales in the order of 550 million PLN, i.e. 11 % more than during the four quarters of 2011.

The 2012 consolidated financial result forecast was based on estimates and analyses which were formulated by the Management Board pursuant to the state of knowledge at the time.

The Management Board of the Company based the forecast growth of consolidated financial results on:

  • current market conditions in the industry, confirmed by the revenues from sales generated in January – February 2012 of 98.5 million PLN and record revenues from sales for February 2012, at 54 million PLN,
  • structure of the orders portfolio, taking into account orders which have already been received and those coming in on an on-going basis, and in particular in conjunction with generating record numbers of orders from export markets where the Issuer’s products were available (primarily the Russian market),
  • planned increase of gross margin on sales.
PDF Download file
III. Wielton S.A. consolidated financial results forecast for 2013

In accordance with the forecast published in May 2013, the Issuer in 2013 planned to generate a net consolidated profit of 20 million PLN, on sales in the order of 550 million PLN.

The 2013 consolidated financial result forecast was based on estimates and analyses which were formulated by the Management Board pursuant to the state of knowledge at the time. The Management Board of the Company based the consolidated financial results forecast on:

  • current industry market conditions,
  • structure of the orders portfolio, taking into account orders which have already been received,
  • planned increase of gross margin on sales for product categories subject to the forecast.
PDF Download file
a. Wielton S.A. consolidated financial results forecast update for 2013

In November 2013 Wielton S.A. made a decision to update the Issuer’s consolidated financial results forecast for 2013 published in May 2013, which assumed a consolidated net profit in 2013 of 20 million PLN and consolidated revenues from sales of 550 million PLN. Following the update, the Issuer’s forecast consolidated results for 2013 were as follows:

  • consolidated net profit in the amount of 26 million PLN,
  • consolidated revenues from sales of 580 million PLN.

The updated 2013 consolidated financial result forecast was based on estimates and analyses which were formulated by the Management Board pursuant to the state of knowledge at the time. The Management Board of the Company based the consolidated financial results forecast on:

  • current industry market conditions,
  • volume and structure of the orders portfolio for Q4 2013,
  • financial results generated by the Group for the first three quarters of 2013.
Basic financial data

 

(thousand PLN)

1Q2012

2011 2010 2009 2008 2007 2006
Revenues from sales 159 417 487 255 255 830 159 806 368 435 385 553 278 206
Gross profit (loss) from sales 20 482 57 906 21 604 18 445 80 367 80 180 25 432
Profit (loss) on operations 6 741 14 347 -8 114 -7 010 53 426 56 906 11 825
Gross profit (loss) 7 112 8 993 -8 376 -7 116 44 988 55 404 10 616
Net profit (loss) 5 448 9 360 -11 204 -6 387 36 045 44 830 8 354

 

(thousand PLN)

31.03.12

31.12.11

31.12.10

31.12.09

31.12.08

31.12.07

31.12.06

Aktywa razem 393 372 365 312 365 312 280 143 312 886 280 491 140 555
Aktywa trwałe 146 677 147 759 145 262 149 574 143 581 89 295 64 309
Wartości niematerialne i prawne 10 974 10 893 7 901 7 044 5 990 4 727 4 480
Rzeczowe aktywa trwałe 130 627 130 520 130 462 135 151 131 654 82 558 58 768
Należności długoterminowe 18 5 0 22 39 93 93
Inwestycje długoterminowe 2 003 2 003 3 555 459 1 063 155 204
Długoterminowe rozliczenia międzyokresowe 3 055 4 338 3 344 6 898 4 835 1 762 764
Aktywa obrotowe 246 695 217 553 163 369 130 569 169 305 191 196 76 246
Zapasy 128 734 122 107 103 562 79 238 107 043 63 760 45 784
Należności krótkoterminowe 111 284 88 834 48 089 26 510 43 356 30 455 23 444
w tym krótkoterminowe należności handlowe 96 835 76 119 42 087 24 100 35 721 25 600 19 156
Inwestycje krótkoterminowe 4 452 6 313 11 347 24 460 18 532 96 730 6 734
w tym środki pieniężne i inne aktywa pieniężne 1 753 3 660 7 950 9 127 7 513 95 682 6 686
Krótkoterminowe rozliczenia międzyokresowe 2 225 299 371 361 374 251 284

 

 

(w tys. zł)

31.03.12

31.12.11

31.12.10

31.12.09

31.12.08

31.12.07

31.12.06

Kapitał własny 150 888 145 440 136 080 147 285 168 162 145 400 33 500
Kapitał zakładowy 12 075 12 075 12 075 12 075 12 075 12 075 10 075
Kapitał zapasowy 124 005 124 005 135 209 141 597 120 042 88 495 14 583
Zysk (strata) z lat ubiegłych 9360 488
Zysk (strata) netto 5 448 9 360 -11 204 -6 387 36 045 44 830 8 354
Zobowiązania i rezerwy na zobowiązania 242 484 219 872 172 551 132 858 144 725 135 091 107 055
Rezerwy na zobowiązania 4 563 4 181 3 784 4 412 3 121 1 853 1 583
Zobowiązania długoterminowe, w tym 32 871 34 112 40 885 48 024 30 156 23 730 5 285
kredyty i pożyczki długoterminowe 31 340 33 014 39 712 36 511 27 034 19 830
inne zobowiązania oprocentowane długoterminowe 1 531 1 098 1 173 11 512 3 122 3 900 5 285
Zobowiązania krótkoterminowe, w tym 201 000 178 154 125 489 78 771 109 341 105 070 99 084
kredyty i pożyczki 26 282 20 632 18 895 29 955 12 748 2 937
inne zobowiązania oprocentowane 5 128 7 921 7 462 12 374 18 208 1 744 2 072
zobowiązania z tytułu dostaw i usług 154 109 130 127 91 906 31 124 63 577 81 863 90 313
pozostałe zobowiązania 15 481 19 474 7 226 5 320 14 809 18 526 6 699
Rozliczenia międzyokresowe 4 050 3 425 2 393 1 651 2 106 4 438 1 103
Liczba akcji (w szt.) 60 375 000 60 375 000 60 375 000 60 375 000 60 375 000 60 375 000 50 375 000
Zysk (strata) na 1 akcję zwykłą (w zł) 0,09 0,16 -0,19 -0,11 0,60 0,74 0,17

 

 

Wskaźniki płynności

1Q2012

2011

2010

2009 2008

2007

2006

Wskaźnik płynności bieżącej 1,23 1,22 1,30 1,66 1,55 1,82 0,77
Wskaźnik płynności szybkiej 0,59 0,54 0,48 0,65 0,57 1,21 0,31
Wskaźniki rentowności
Rentowność netto sprzedaży 3,4% 1,9% -4,4% -4,0% 9,8% 11,6% 3,0%
Stopa zwrotu z kapitałów (ROE) 3,7% 6,9% -7,6% -4,2% 27,3% 44,6% 33,2%
Stopa zwrotu z kapitałów (ROE) 1,4% 2,6% -3,6% -2,3% 11,5% 16,0% 5,9%
Wskaźnik aktywności
Wskaźnik rotacji zapasów (w dniach) 73 91 148 181 106 60 60
Wskaźnik rotacji należności (w dniach) 63 67 69 61 43 29 31
Wskaźnik rotacji zobowiązań (w dniach) 113 133 179 180 108 99 130
Wskaźnik zadłużenia
Dług oprocentowany do EBITDA 6,7 2,5 22,1 85,9 1,0 0,5 0,5