Brzeg Dolny, Poland – Amid a rising demand for the company’s products, Polish polyol maker PCC Rokita has released its financial results for the first nine months of 2021, posting record results for the first nine months of the year.
'For the first three quarters, the consolidated EBITDA of the group stood at the record level of more than PLN437m, up more than 111% compared with the first three quarters of last year,' the company said in a statement.
'Such positive results were, above all, made possible by the activities within the polyurethanes segment,' said Wieslaw Klimkowski, president of the company’s management board. 'The very high demand for polyols and the high prices of products allowed the profitability of polyols to reach its record-high level.'
In the January to September 2021 period, PCC Rokita’s PU segment generated an EBITDA of more than PLN 283m (€60m), according to data released by the company. This represented an increase of 420% compared with the first three quarters of last year.
'Sales within the polyurethanes segment expanded by close to 90% in the first nine months of 2021,’ said Rafal Zdon, the deputy president of PCC Rokita.
PCC Rokita is a subsidiary of Germany’s PCC SE group. The company has been listed on the Warsaw Stock Exchange (WSE) since 2014.
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