Current Report 30/2017
Only the Polish version of this document is legally binding.
This translation is provided for information only.
Every effort has been made to ensure the accuracy of this publication.
In relation to receipt on 3 October 2017 of internal sales reports, the Management Board of INPRO S.A. with its registered office in Gdańsk informs that in the third quarter of 2017 the INPRO Corporate Group achieved preliminary sales (in the meaning of concluded preliminary sale agreements net i.e. preliminary sale agreements concerning completed projects, agreements with entities other than customers who are natural persons, and agreements concerning commercial premises, and documents issued to customers on information concerning the conclusion of property development agreements, such documents enabling the customers to file an application for funds for the financing of the property development agreement) with customer resignation from the conclusion of such agreements or resignation from the concluded agreements) at the level of 222 agreements i.e. 155% more than in the comparable period of the previous year comprising the period from July to September.
The improved preliminary sales level is due to the number of premises on sale which is higher by over 60% compared to the 3rd quarter 2016 on the one hand, and to a higher customer interest in the Company's offer, including those projects which, as the Company can observe, are most popular at the moment, i.e. Kwartał Uniwersytecki stage II, Optima stage I, and Harmonia Oliwska stages I and II, on the other.
In summary, the Group's net sales for the first three quarters of 2017 were 487 agreements, a 71% increase against the first three quarters of the previous year.
The Management Board of INPRO S.A. also informs that in the third quarter 2017 the Group handed over the total of 29 premises in comparison with 49 premises last year.
Detailed legal grounds: Article 17 par. 1 of the Regulation of the European Parliament and of the Council (EU) No 596/2014 of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC (also referred to as the MAR)
