Trakcja Group: Profits Continue to Rise After 3 Quarters

After three quarters of 2015, Trakcja Group recorded an increase in gross profit on sales, which reached the level of PLN 100 million. In the same period, the Group’s net profit amounted to PLN 38.3 million, representing a 15-percent improvement compared to the same period of 2014. This result is the outcome of the implemented policy of improving the efficiency of Trakcja Group’s core and financial operations.

In the third quarter, Trakcja Group generated a net profit of PLN 20.2 million. Thanks to the consistent improvement of internal contract management procedures, the gross margin on sales was 10.9%. The third quarter brought the Group a gross profit on sales of PLN 36 million. Operating profit, in turn, amounted to PLN 25.3 million.

“In the third quarter, we significantly rebuilt our order backlog and  became actively involved in the Polish road market. This year, Trakcja PRKiI has already signed contracts worth almost PLN 1.2 billion, of which nearly PLN 600 million are road contracts. We are taking an active part in the investment offensives of PKP PLK and GDDKiA. We are participating in prequalification for railway contracts worth PLN 9.3 billion and PLN 5.4 billion for road contracts” – said Jarosław Tomaszewski, President of Trakcja PRKiI S.A.

After three quarters, Trakcja PRKiI S.A. recorded an increase in net profit to 27 million from PLN 22 million in the same period of the previous year. In the July – September period, the Company achieved revenue of PLN 185.7 million. However, the 18-percent decrease in revenue compared to the third quarter of 2014 was related to a delay, independent of the Company, in signing contracts for railway investments, co-financed from EU funds for the years 2014 – 2020. Gross profit on sales amounted to PLN 12 million, while operating profit amounted to PLN 6.8 million. 

The adoption by the Council of Ministers in September of the National Railway Programme until 2023 means, in the long-term perspective, a significant increase in the number of announced tender procedures for investments in railway infrastructure. Trakcja PRKiI S.A., as the leader of railway construction in Poland, will strive to further expand its order backlog by acquiring contracts both independently and in the form of a consortium. The Company will also continue its activity in the segment of railway line maintenance and road construction.

Informacje dla mediów

Robert Kuczyński
dyrektor ds. komunikacji
r.kuczynski@grupatrakcja.com