Estimated financial results of ATM S.A. for 2019
Current report 02/2020 submitted on 06.03.2020 at 17:13
Legal basis: Article 17 (1) MAR – confidential information
The Management Board of ATM S.A. with its seat in Warsaw (hereinafter referred to as “the Company”), with reference to the Current Report no. 16/2019 of 20.05.2019, hereby publishes the estimated financial results of the Company for 2019 and their comparison with the forecast of results published in the aforementioned Current Report. The forecast for the period from January 1, 2019 to December 31, 2019 included: ATM S.A. sales revenues of PLN 148 million and EBITDA profit of PLN 58.5 million. The Company’s 2019 earnings were PLN 150.1 million revenue (1.5% above forecast and 9.9% year-on-year growth) and PLN 59.7 million EBITDA (2.1% above forecast and 24.1% year-on-year growth) respectively. The forecast was exceeded mainly due to higher than expected revenues (and profit on sales) from the Data Center Services Segment (including in particular the lease services of dedicated servers and cloud computing).
The above values have been presented assuming that the impact of implementation of IFRS 16 “Leasing” on the Company’s results is omitted, i.e. to maintain comparability with the results published by the Company for the periods ended before 1 January, 2019.
The Company’s Management Board also informs that the above presented estimated results for 2019 have not yet been audited by a certified auditor. The publication of the annual report for 2019 containing the results audited by the auditor is scheduled for 30.04.2020.
Daniel Szcześniewski – President of the Management Board
Tomasz Galas – Vice President of the Management Board