After the three months of 2011 the company generated the net profit of 5 447 thousand PLN whereas sales revenues amounted to 137 616 thousand PLN. The company enters the 2nd quarter of 2011 with order
backlog of 802 694 thousand PLN, which ensures the generation of annual revenue according to the budget assumptions.
It results from the above data that budget annual sales revenues were realized in 18% whereas net profit in 12%. This meets the guidelines adopted in the budget, which take into account the seasonality in the
Announced on 11 February 2011 annual budget for ELEKTROBUDOWA SA assumed that in 2011 total sales revenues will reach 748 055 thousand PLN, whereas net profit 44 904 thousand PLN. Having considered the performance of the first quarter of the year, the Management Board is of the opinion that realization of the published forecast is not at risk.