Information about preliminary financial results for the first half of 2016

The Board of Directors of Przedsiębiorstwo Przemysłu Spożywczego “PEPEES” S.A. (“the Company”, “the Issuer”) hereby informs that, in connection with the termination, on 23 August 2016, of the aggregation of financial data carried out to prepare the consolidated semi-annual financial statements of the Company and of the Issuer's Group for the first half of 2016, the decision was made to publish preliminary financial results for the aforementioned period.
Preliminary financial results of the Issuer's Group for the first half of 2016 (the data for the first half of 2015 are shown in brackets):
- sales revenue: PLN 86,495 thousand (PLN 69,827 thousand)
- operationg profit (loss): PLN 7,212 thousand (PLN 3,571 thousand)
- net profit (loss): PLN 5,179 thousand (PLN 1,894 thousand) Preliminary financial results of Przedsiębiorstwo Przemysłu Spożywczego PEPEES S.A. for the first half of 2016:
- sales revenue: PLN 65,272 thousand (PLN 52,269 thousand)
- operationg profit (loss): PLN 5,802 thousand (PLN 3,673 thousand)
- net profit (loss): PLN 4,748 thousand (PLN 2,902 thousand)
The Company's Board of Directors hereby informs that an increase in export revenue (by 65 %) and the appreciation of the euro have had the biggest impact on the preliminary financial results for the first half of 2016 presented above.
The Issuer would like to remind stakeholders that the financial results for the first half of 2016 reviewed by the cerfitied auditor will be disclosed in the consolidated semi-annual financial statements for the first half of 2016 to be published on 31 August 2016.
Signatures of the Company’s representatives

President of the Board of Directors Wojciech Faszczewski 2016-08-24