KRUK’s estimated net profit for H1 2021 at PLN 396m

The Management Board of KRUK S.A. has announced in a current report today that preliminary estimates are putting the KRUK Group’s net profit for the six months to June 30th 2021 at PLN 396m.

“If these estimates are confirmed and the KRUK Group actually posts PLN 396m in net profit for the first six months of the year, it will be our best profit figure ever. Never before have we achieved such a full-year result, and we are just halfway through the year. Our work on continuous process improvement is delivering tangible effects, as reflected in record-high recoveries and expenditures in the first half of 2021,” said Piotr Krupa, CEO of KRUK S.A. “The estimated net profit is both above our expectations and market consensus. It is taking us to a wholly new level of performance. A detailed comment will be given when we publish our full interim report for the six months ended June 30th”.

KRUK will publish its actual half-year 2021 results on September 8th 2021.