The Management Board of Instal Kraków S.A. (hereinafter referred to as the "Company") informs that on 20/04/2018, during the process of settling the financial result for the first quarter of 2018, it learned about the fact that the result will be significantly higher than the result for the first quarter of last year. br > In connection with the above, the Company publishes preliminary financial results for the first quarter of 2018 (PLN '000): br> I quarter 2018 br> Sales revenues 88,828 br> Gross profit PLN 15,407 br> Net profit of 12,624 br> The achievement of such a high net profit in the first quarter of 2018 results from the accumulation of ownership transfer agreements in connection with the completion of the next stage of the development investment at ul. Carriage in Krakow. The Management Board stipulates that the result after the first quarter of 2018 is not a forecast for the whole of 2018. br> The final results will be presented in the quarterly report of the Company, which will be published on 15/05/2018. br>
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