ELEKTROBUDOWA SA forecast for 2014

The Management Board of ELEKTROBUDOWA SA presents a forecast of the 2014 performance for the company and for the group.

1. Forecast performance for 2014

ELEKTROBUDOWA SA:

Orders 1 001,5 m PLN

Sales revenues 1 180,4 m PLN

Net profit 23.6 m PLN

ELEKTROBUDOWA SA CAPITAL GROUP:

Sales revenues 1 233,8 m PLN

Net profit 23.0 m PLN

Net profit attributable to shareholders of ELEKTROBUDOWA SA 23.0 m PLN

2. Basis for and essential assumptions of the forecast results in 2014

The 2014 forecast was prepared basing on the assumption that until the endof the year the law, tax and administrative regulations for conducting business will not significantly change.

The forecast, both in thepart concerning ELEKTROBUDOWA SA and the subsidiaries and associates, was prepared according to the same accounting principles which were applied for the financial statements in previous years - in accordance with International Financial Reporting Standards (IFRS) endorsed by the European Union.

3. The volume of order backlog and the markettendencies of profit margins permit to expect that profits in 2015 and 2016 will be considerably higher than forecast for this year.

Pursuant to § 5 item 1.25 of the Regulation of the Minister of Finance dated19February 2009 on current and interim information

Legal basis: Art. 56 item 1.2 of the Public Offering Act - current and interiminformation

More information on page: biznes.pap.pl

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