trending Market Intelligence /marketintelligence/en/news-insights/trending/fH2pTZGcrKK9TslYxK4Acw2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Ronson Europe Q2 profit falls YOY

Blog

Q&A: Navigating Climate Risk as a Financial Risk

Blog

Bundling fixed & mobile services is still a popular strategy for operators in Western Europe especially in Portugal and Spain

Blog

Fintech Intelligence Newsletter: February 2021

PODCAST

Episode 5: The Future of Work - The World of Workforce Experience and Productivity


Ronson Europe Q2 profit falls YOY

Ronson Europe NV said its second-quarter normalized net income amounted to 1 groszy per share, a decline of 7.2% from 1 groszy per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 3.7 million zlotys, a decrease of 7.2% from 3.9 million zlotys in the prior-year period.

The normalized profit margin dropped to 5.3% from 7.3% in the year-earlier period.

Total revenue climbed 28.9% on an annual basis to 69.4 million zlotys from 53.8 million zlotys, and total operating expenses increased 32.0% from the prior-year period to 60.6 million zlotys from 46.0 million zlotys.

Reported net income fell on an annual basis to 5.0 million zlotys, or 2 groszy per share, from 5.2 million zlotys, or 2 groszy per share.

As of Aug. 4, US$1 was equivalent to 3.85 zlotys.