Ferrum Spólka Akcyjna reported standalone and consolidated earnings results for the nine months ended September 30, 2016. The company has posted standalone net revenue from sales of products, goods and materials in 9 months of 2016 amounted to app. PLN 193,949, 000 and were by PLN 21,955,000 lower than the revenue of comparable period of previous year. Lower sales regarded goods and materials and resulted, among others, from lack of sales of goods and materials to HW PIETRZAK in comparable period. Moreover, in nine months of 2016 the Issuer's operating profit amounted to app. PLN 5,720,000 and net profit to app. PLN 1,818,000. The financial results were improved due to, inter alia, higher revenue from sales of products, enhanced return of gross sales of products and lower financial costs. Consolidated net revenue from sales of products, goods and materials in nine months of 2016 amounted to app. PLN 237,244,000 and was by PLN 16,957,000 lower than the revenue of comparable period of previous year, which resulted mainly from lack of sales of goods and materials by the parent company to HW PIETRZAK in nine months of 2016. Furthermore, consolidated operating profit of FERRUM Capital Group in nine months of 2016 amounted to app. PLN 10,253,000 and net profit to app. PLN 5,136,000, particularly as a result of improved financial stand-alone results of the Issuer.