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Information on the preliminary financial results for 3 quarters of 2020

Current report no. 15/2020

Legal basis Art. 17 par. 1 of MAR - confidential information.


The Management Board of Przedsiębiorstwo Przemysłu Spożywczego PEPEES S.A. _the Company, Issuer_ informs that it has decided to publish preliminary financial results for the above mentioned period.

The preliminary financial results of the Issuer's Capital Group for 3 quarters of 2020 (data for 3 quarters of 2019 are presented in brackets):
- revenues from sales: PLN 163 656 thousand (PLN 180 383 thousand )
- operating profit _loss_: PLN 8 499 thousand (PLN 29 629 thousand )
- net profit _loss_: PLN 4 467 thousand (PLN 21 643 thousand).

The preliminary financial results of Przedsiębiorstwo Przemysłu Spożywczego PEPEES S.A. for 3 quarters of 2020 (data for 3 quarters of 2019 are presented in brackets):
- revenues from sales: PLN 119 239 thousand (PLN 132 778 thousand)
- operating profit _loss_: PLN 5 068 thousand (PLN 22 598 thousand)
- net profit _loss_: PLN 3 232 thousand (PLN 17 709 thousand)

The Company informs about decrease in revenues and profits due to decrease in sales prices. In the Company's opinion, this is due to the market situation caused by the pandemic.

The Issuer reminds that the final financial results for 3 quarters of 2020 will be presented in the consolidated quarterly report that is to be published on 16 November 2020.

SIGNATURES OF PERSONS REPRESENTING THE COMPANY
Date Name and surname Position/Function
06/11/2020   Wojciech Faszczewski   President of the Management Board
06/11/2020   Tomasz Rogala   Member of the Management Board
Mon 23, November 2020 by: Przemysław Modzelewski