The Management Board of UNIMOT S.A. („Company”) with its registered office in Zawadzkie informs having analysed and reviewed the preliminary estimated selected consolidated financial data for Q2 2022 (“Preliminary Data”), it has decided to publish it as confidential information.
The Consolidated Preliminary Data amounts to:
Comparable, consolidated data for Q2 2021 amounts to:
The following factors had a major impact on consolidated adjusted EBITDA in Q2 2022:
At the same time, the Company announces that UNIMOT S.A. will recognise an impairment loss of PLN 8.9 million on the carrying value of shares in Unimot System Sp. z o.o. in its standalone financial statements. This is a consequence of the change in the macroeconomic environment, including above all the significant increase in gas prices resulting from the war in Ukraine. The current price level results in a reduction in natural gas consumption by our existing and potential customers in favour of other fuels. The estimated amount of write-downs will reduce the standalone EBITDA for Q2 2022. It should be noted that this is a non-recurring and non-cash event.
The Preliminary Data presented has been prepared on the basis of preliminary financial data for Q2 2022 available to the Company’s Management Board. The estimates have been made to the best knowledge of the Management Board at the date of preparation and are subject to change. The final figures will be published in the interim report for H1 2022.
Article 17(1) of Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (MAR Regulation)
Filip Kuropatwa, Vice-President of the Management Board