WORK SERVICE SA (11/2018) Pre-selected consolidated financial data of Work Service S.A. for the financial year 2017

The Management Board of Work Service S.A. (The "Company") hereby provides the pre-selected consolidated unaudited financial data of Work Service Capital Group (the "Group") for the financial year 2017.
Sales revenues: PLN 2,660 million;
Operating profit on business activity: PLN 67,900 thousand;
Operating profit EBIT (reported after non-cash write-downs): PLN 43,000 thousand;
As compared to the corresponding period of the previous year, sales revenues generated by the Group's companies (subject to the consolidation of financial statements) amounted to 7.3%, while (excluding the IT Kontrakt Group sold in mid-2017) they increased by 11.5 % on a comparable basis.
In addition, the Company informs that, with the respect to the revenues of the companies of the Group:
(i) subsidiaries providing flexible forms of employment in Central and Eastern Europe recorded a 12% year-on-year increase in their sales revenues,
(ii) Antal Sp. z o.o., a company providing permanent recruitment services, recorded a 10% year-on-year increase in its sales revenue,
(iii) the Exact Systems S.A. Group, which provides quality control outsourcing services, recorded a 24% year-on-year increase in its sales revenues.
At the same time, the Management Board of the Company informs that the consolidated sales revenues of the Work Service Capital Group for the period from January to February 2018 amounted to over PLN 400 million and were higher by 8.4% on a comparable basis as compared to the previous year.
In connection to the adopted and announced Development and Restructuring Strategy of the Group for 2018-2020 (Current Report no. 82/2017 of 28 November 2017), the Management Board of the Company informs that the number of employees from Ukraine employed within the Group in Poland at the end of February 2018 reached FTE 3.750 (Full Time Equivalent), which means an increase by 74% year-on-year.
The calculation of the above data has been made according to the current knowledge of the Management Board, while the final, complete and audited financial data will be included in the Company's separate annual financial statement and in the Group's consolidated annual financial statements which will be published on 27 April 2018, respectively.
Legal basis:
Article 17 sec. 1 MAR (Regulation No. 596/2014 of the European Parliament and of the Council (EU) of 16 April 2014 on market abuse (regulation on market abuse) and revoking Directive 2003/6/EC of the European Parliament and Council and of the Directive of the Commission 2003/124/EC, 2003/125/EC and 2004/72/EC.)
Tomasz Ślezak - Vice-President of the Management Board
Krzysztof Rewers - Vice-President of the Management Board

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Informacje o spółce
Nazwa:Work Service SA
EKD: 78.20 działalność związana z rekrutacją i udostępnianiem pracowników
Adres: ul. Ruska 51 50-079 Wrocław
Telefon:+48 71 3710900
Kalendarium raportów
2019-04-29Raport roczny
2019-05-29Raport za I kwartał
2019-09-29Raport półroczny
2019-11-29Raport za III kwartał
2019-04-30Raport roczny
2019-05-30Raport za I kwartał
2019-09-30Raport półroczny
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