Current Report 5/2017

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.
 
The Management Board of INPRO S.A. with its registered office in Gdańsk (the "Company"), in relation to work on the consolidated financial statements of the INPRO S.A. Corporate Group for 2016, informs that the preliminary estimates available to the Management Board and concerning the basic financial data for 2016 are as follows: the estimated revenues of the INPRO Group for 2016 will be approximately PLN 205 million, which is a decrease against 2015 by approximately 3%. At the same time the estimates indicated that the net profit of the Corporate Group for 2016 will be approximately PLN 29 million, an increase by approximately 14% y/y.

The actual levels of revenues and profits and an explanation of the level of deviations of the financial data will be shown by the Company in the financial statements of the INPRO Corporate Group for 2016 to be published by way of a periodic report on 21/03/2017.

The knowledge of the Management Board as at the date of this report is based on the assumption that no circumstances will arise or become apparent which could significantly affect the preliminary estimates of the financial results after the publication of this report. The above estimates of the level of the Group's revenues and net profit will be monitored on an ongoing basis until the publication of the period report.

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)