Polski Koncern Naftowy Orlen Spolka Akcyjna Announces Sales Results for the Fourth Quarter and Year Ended 2012; Provides Earnings Guidance for the Year 2012
For the year, the company reported total sales of PLN 35,283 unit against PLN 35,446 unit a year ago.
For 2012, the company estimated operating profit according to LIFO increased by deprecation (EBITDA LIFO) before impairments will amount to PLN 5.1 billion. Operational profit according to LIFO for 2012 before impairments is estimated at ca. PLN 2.9 billion, which means increase by ca. PLN 1.4 billion compared to 2011. EBIT acc. to LIFO in 2012 after impairments is estimated at ca. PLN 2.2 billion (y/y), indicating increase by ca. PLN 2.5 billion comparing to 2011.