In 2017, "Excellence" S.A. achieved sales revenues in the amount of PLN 40,917 thousand PLN, higher by 17.1% compared to the revenues generated in 2016. The net result in 2017 is 637.65 thousand PLN and was higher by 14.6% compared to the 2016 net profit. The main factors influencing the result of 2017 were the high costs of the main raw material of glucose-fructose syrup used for the production of fruit syrups and the increase in labor costs, which resulted from the increase in the cost of external services related to the services of external companies that produced syrup production and pay increases of employees. The results achieved by the company in 2017 allow a positive assessment of the company's financial situation.
"Excellence" S.A. achieved the sales of 34,937.77 thousand PLN in 2016, lower by 2.8% than the sales achieved in 2015. The net result in 2016 was 556.27 thousand PLN and was lower by 68.7% than the net profit in 2015. There was an increase of cost of the main raw material used for the production - the sugar. Another factor was an increase of the remuneration which results from an increase of employment and rises of salaries. These are the main reasons
of lower net result in 2016.
On 6 June 2016 the Ordinary General Meeting of Shareholders of Excellence SA which, among others, approved the financial statements for 2015 years and passed dividend for 2015 years in the amount of 2,050,490 zł which is 0.13 zł (thirteen worse) per share. Day, according to which the list of shareholders entitled to dividend for the financial year 2015 (dividend day) will be September 6, 2016. The dividend payment date was set for 27 September 2016.
In the draft resolution, which will be voted on at the Annual General Meeting ofExcellence Joint Stock Company on 6 June 2016 on the payment of dividends to the shareholders of the Company for the year 2015 set the dividend payment in the amount of 2,050,490 zł, which is 0.13 zł (thirteen worse) per share.
In the draft resolution, which will be voted on at the Annual General Meeting of Excellence Joint Stock Company on 6 June 2016 on the payment of dividends to the shareholders of the Company for the year 2015 set the dividend payment in the amount of 2,050,490 zł, which is 0.13 zł (thirteen) per share.