Date: July 11, 2019 4:06 PM

The Management Board of Budimex SA informs that the consolidated net financial result of Budimex Group for the second quarter of 2019 was PLN 44 million which represents a decrease of PLN 21 million (-32%) compared to the respective period of the previous year. Construction segment net profit for the second quarter of 2019 was PLN 21 million which represents a decrease of PLN 25 million (-54%) compared to the respective period of the previous year.

The decrease in the consolidated net profit results mainly from the decline in profitability of the construction segment related to the increase in material prices and subcontractor services cost.

Publishing the abovementioned piece of information is the result of a significant change in the level of the net financial result within the given period.

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Budimex SA published this content on 11 July 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 July 2019 14:22:08 UTC