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Current Report No. 61/2024

Estimates

Estimated consolidated financial results of the JSW Group for Q3 2024 and 9 months of 2024

Body of the report: 

The Management Board of Jastrzębska Spółka Węglowa S.A. ["JSW", "Company"] hereby reports that on 15 November 2024 it was informed of the estimated consolidated financial results of the JSW Group for Q3 2024 and 9 months of 2024 and decided to make them public.

Estimated consolidated financial results of the JSW Group for Q3 2024:
- sales revenues: PLN 2,690.3 million,
- gross loss on sales: PLN (73.9) million,
- operating loss plus depreciation and amortization (EBITDA): PLN 18.2 million,
- net loss: PLN (308.9) million.

Estimated consolidated financial results of the JSW Group for 9 months of 2024:
- sales revenues: PLN 8,866.6 million,
- gross loss on sales: PLN (117.4) million,
- operating loss plus depreciation and amortization (EBITDA): PLN (5,804.9) million,
- net loss: PLN (6,370.8) million.  

The financial results presented are estimates obtained in the preparation of the “Interim condensed consolidated financial statements of the Jastrzębska Spółka Węglowa S.A. Capital Group for the 9-month period ended 30 September 2024” and are subject to change. The final financial results for Q3 2024 will be presented in detail in the Consolidated Quarterly Report for Q3 2024, scheduled for publication on 26 November 2024. 

Legal basis: Article 17(1) of Regulation [EU] No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on Market Abuse and Repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC.

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