Photon Energy reconfirms its profit projection and raises its revenue projection for 2010
21-10-2010
The Management Board of Photon Energy on 21 October 2010 revises its consolidated revenue projection for the year 2010 in accordance with IFRS against its previous projection on 26 February 2010 (see EBI 12/2010) as follows:
Previous revenue projection: CZK 1,900 million (EUR 77.4 million, PLN 306.0 million)
Revised revenue projection: CZK 2,250 million (EUR 91.7 million, PLN 362.3 million)
After a preliminary analysis of the impact of the decision by the Czech government (see EBI report 64/2010) the management board of Photon Energy has no information indicating the need to change the previous projection for consolidated total comprehensive income in accordance with IFRS of CZK 220 million (EUR 9.0 million, PLN 35.4 million) for the financial year 2010.
Legal basis: § 3 ust.2 point 15 of the Appendix 3 to Resolution No. 733/2009 of the Warsaw Stock Exchange Management Board dated 18 December 2009 “Current and Periodical Information in the Alternative Trading System"
Previous revenue projection: CZK 1,900 million (EUR 77.4 million, PLN 306.0 million)
Revised revenue projection: CZK 2,250 million (EUR 91.7 million, PLN 362.3 million)
After a preliminary analysis of the impact of the decision by the Czech government (see EBI report 64/2010) the management board of Photon Energy has no information indicating the need to change the previous projection for consolidated total comprehensive income in accordance with IFRS of CZK 220 million (EUR 9.0 million, PLN 35.4 million) for the financial year 2010.
Legal basis: § 3 ust.2 point 15 of the Appendix 3 to Resolution No. 733/2009 of the Warsaw Stock Exchange Management Board dated 18 December 2009 “Current and Periodical Information in the Alternative Trading System"
