Fabryka Obrabiarek Rafamet SaGPW: RAF

Financial results of the RAFAMET Group in the first quarter of 2021

· Issued by Fabryka Obrabiarek Rafamet SA
Financial results of the RAFAMET Group in the first quarter of 2021

The results of the RAFAMET Group were influenced by COVID-19 and several extraordinary events. The sales revenues of the RAFAMET Group in the first quarter of 2021 amounted to PLN 21.9 million and were lower by 13.1% than the revenues obtained in the same period of the previous year. Parent Company RAFAMET S.A. gained a positive net financial result of PLN 379 thousand (in the comparable period of the previous year, the Company showed a net loss of PLN 656 thousand). RAFAMET generated 81.7% of its revenues on foreign markets.
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