trending Market Intelligence /marketintelligence/en/news-insights/trending/QvaS9k-Zh7F0si2_RERiLw2 content esgSubNav
In This List

Robinson Europe fiscal Q2 profit falls YOY

Blog

Insight Weekly: M&A players predict 2023 activity; SPAC IPOs dip; 2022 capacity retirements up

Blog

Insight Weekly: Recession risk persists; Banks pull back from crypto; 2022 laggard stocks rally

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Blog

Insight Weekly: Inflation eases; bank M&A slows; top companies boost market share


Robinson Europe fiscal Q2 profit falls YOY

Robinson Europe SpA said its normalized net income for the fiscal second quarter ended April 30 came to 25 groszy per share, a decrease of 26.0% from 34 groszy per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 467,250 zlotys, a decline of 11.5% from 528,030 zlotys in the year-earlier period.

The normalized profit margin increased to 8.2% from 6.5% in the year-earlier period.

Total revenue fell 18.0% on an annual basis to 6.7 million zlotys from 8.2 million zlotys, and total operating expenses fell 20.2% year over year to 5.7 million zlotys from 7.2 million zlotys.

Reported net income rose 5.1% year over year to 749,640 zlotys, or 40 groszy per share, from 712,940 zlotys, or 46 groszy per share.

As of June 14, US$1 was equivalent to 3.95 zlotys.