1Q 2019 summary of Stalexport Autostrady Capital Group

Sales revenue in the first quarter of 2019 amounted to PLN 79.3 million and increased by 4.5% as compared to the first quarter of 2018. It was the result of the increase in the revenue generated from motorway operations related to the management and operation of the A4 motorway.

The average daily traffic amounted to about 42 thousand vehicles and was higher 2.8% than the traffic measured in the same period of 2018.  The increase concerned both cars (2.6%) and trucks (3.7%).

Consolidated net profit decreased from PLN 35 million in the first quarter of 2018 to PLN 5 million in the analysed reporting period. It is connected with recognition within administrative expenses payments to the State Treasury (constituting State Treasury’s share in profits of the Project) in the amount of about PLN 34.9 million.