According to preliminary calculations, the approximate value of consolidated sales revenues of Fabryki Mebli “Forte” S.A. in the 4Q 2018 amounted to PLN 297 million ($78.2 million), compared to PLN 292 million ($76.8 million) in the corresponding period of 2017, as the company said in the press release received by Lesprom Network.
The estimated consolidated EBIT of Fabryki Mebli “Forte” S.A. for the 4Q 2018 amounted to PLN 19.4 million ($5.1 million), compared to PLN 18 million ($4.7 million) in the 4Q 2017. The estimated consolidated EBITDA result of Fabryki Mebli “Forte” S.A. for the 4Q 2018 amounted to PLN 32.9 million ($8.6 million), compared to PLN 25.4 million ($6.7 million) in the 4Q 2017.
In the twelve-month period of 2018, the estimated value of consolidated turnover was PLN 1 107 million ($291 million), compared to PLN 1 096 million ($288 million) achieved during the twelve months of 2017.
In the twelve-month period of 2018, the estimated EBIT result was PLN 72.9 million ($19.2 million) compared to PLN 98.6 million ($26 million) in the same period of 2017. In the four quarters of 2018, the estimated EBITDA result amounted to PLN 118.2 million ($31.1 million) compared to PLN 125.6 million ($33 million) achieved in the same period of 2017.
Fabryki Mebli “Forte” S.A. is one of the largest European manufacturers of furniture for self-assembly. Forte has five state-of-the-art manufacturing plants located in Ostrów Mazowiecka, Suwałki, Białystok,Hajnówka and Dubowo, Poland.
