Elektrobudowa reported earnings results for the year 2017. For the year, the company reported revenues of PLN 902.9 million against PLN 971.5 million a year ago. Operating profit was PLN 69.8 million against PLN 61.8 million a year ago. Net profit was PLN 58.6 million against PLN 55.1 million a year ago. Attributable net profit was PLN 58.6 million against PLN 55.1 million a year ago.

The company provided earnings guidance for the first quarter and full year of 2018. For the first quarter of 2018, the company expects revenues in the range of PLN 137.1 million to PLN 161.1 million; EBITDA expected to be in the range of PLN 5.5 million to PLN 9.1 million; RBIT expected to be in the range of PLN 1.9 million to PLN 5.3 million and attributable net profit expected to be in the range of PLN 1.4 million to PLN 4 million.

For the year 2018, the company will target an attributable net profit of PLN 45.7 million in 2018 on revenues of PLN 959.7 million. At the unit level, net profits of PLN 41.9 million will follow from revenues of PLN 994.2 million. Capex plans to spend PLN 27 million on investments in 2018.