VERY GOOD RESULTS AFTER THIRD QUARTER 2011

Expom SA, a company in the metal industry, closed the third quarter with a net profit of PLN 0.9 million. It is already evident that the annual result will exceed the forecast; at the moment just PLN 100,000 off the amount planned in the 2011 budget. The final profit will most likely exceed the forecast by about 20%.  Sales revenue has amounted to PLN 15.5 million to date, which in the annual plan was set at PLN 20 million – also likely to be exceeded. Next year promises to be even better. The company is already building a sales portfolio for 2012. It includes a first order from the whole package amounting to EUR 1.5 million for making 42 boat davits. Successful development strategy implementation and ever better results are good news for the company in the context of the planned 2012-2016 NewConnect debut.

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