Category background
Investor relations

The Company net sales revenue generated in November 2020

Report no: 27/2020
Date: 2020-12-04
Short name of issuer: OPONEO.PL S.A.
Legal base: Article 17(1) of MAR - confidential information

The Management Board of OPONEO.PL S.A. announces that the preliminary volume of net sales revenue generated by the Company in November 2020 amounts to PLN 155,788 thousand, which means a 3% decline compared to the volume of revenue gained in November 2019 (PLN 160,980 thousand).

Cumulatively, revenue for the period from 1 January to 30 November 2020 amounted to PLN 865,552 thousand, which represents a 5% increase compared to the revenue of PLN 823,858 thousand recorded in the corresponding period of the previous year.

The amount of revenue generated in November 2020 was affected by a decrease in orders due to unfavourable weather conditions for the industry; November saw higher temperatures compared to the corresponding month of 2019, which may result in the postponement of the tyre replacement season. Moreover, the number of orders was affected by the introduction of economic and social austerity measures as a result of the rapid increase in incidence of SARS-COV-2 virus disease as well as by declines in new passenger car sales in 2020.