Tuesday, January 3, 2017

Wawel expects a decline in sales – Polish Radio

- Expected decline in sales is due to the increasing risk of a limitation or termination of cooperation with a key partner. The share sale of the legal entity, which conducted the most difficult negotiations is approx. 25% of the total sales of the Issuer”, – stated in the message.

Wawel, estimates that sales in the subsequent quarters of 2017. may fall within the above part.

- today it is difficult to assess the scale of possible decline in sales, and in this regard, the consequences and the impact of falling sales on the results of the Issuer – is also specified.

Wawel is a manufacturer of chocolate bars, candies and party favors, listed on the Warsaw stock exchange since 1998. The net profit of the company amounted to 631 million roubles in 2015.

ISB ABO


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