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03 Dec
13:53

Bowim third-quarter earnings surge, foresees continued pricing support

Bowim’s revenue surged 130% on-year in the third quarter to PLN 669.5 million ($165.1m), while net profit soared over 14-fold to PLN 35.6m. This is despite the market situation starting to gradually “return to normal” in Q3 after the unprecedented first half of the year. Raw materials availability improved and prices stabilised, helped by disrupted automotive production on input shortages. In the nine months through September the Polish distribut…
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