Text of the report

The Management Board of Inter Cars S.A. (the “Company”) hereby announces a preliminary estimate of the Inter Cars Group’s consolidated financial results for the first half of 2023. Preliminary estimated consolidated revenue posted by the Group for the second quarter of 2023 was PLN 4,556m, up approximately 21% year on year, with estimated net profit at approximately PLN 155m, down around 26% year on year.

 

The Group’s preliminary estimated consolidated net profit for the first half of 2023 was approximately PLN 357m, up approximately 9% year on year. The Group’s estimated debt ratio (net debt to EBITDA) as at June 30th 2023 was approximately 1.69, up around 6% year on year. The Group posted an estimated inventory level of PLN 4,869m as at June 30th 2023, up approximately 14% year on year.

 

The Company’s Management Board further announces that details concerning the final results achieved by the Company and its Group in the first half of 2023 will be provided in the periodic report for the first half of 2023, to be issued on September 7th 2023.

 

Legal basis:
Article 17(1) of MAR − Inside information

 

Legal basis

Article 17(1) of MAR − Inside information

 

Persons representing the Company

  • Piotr Zamora- Member of the Management Board
  • Jacek Piotrowiak - Commercial proxy