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AQUILA PART PROD COM - AQ

2022 1st Quarter report

Release Date: 5/13/2022 8:10:10 AM

IRIS Code: 8DEC2

TO:      BUCHAREST STOCK EXCHANGE (BSE)

ADDRESS: 34-36 Carol I Boulevard, Bucharest, zip code 020922

 

FINANCIAL SUPERVISORY AUTHORITY

Financial Instruments and Investments Sector

Directorate issuers, transaction monitoring and market abuse

Splaiul Independentei 15, sector 5, Bucharest

 

REF:     Publication of quarterly financial report of March 31, 2022        

           

 

ANNOUNCEMENT AND CURRENT REPORT

 

 

Date of the report:                                        13.05.2022

Name of the issuing company:                     Aquila Part Prod Com S.A.

Headquarters:                                                Ploiesti city, 105A Malu Rosu street,                                                                                                           Prahova county, Romania

Telephone number:                                       0244.594.793

Sole identification code:                               6484554

Trade registry reg. no.:                                 J29/2790/1994

Subscribed and paid capital:                         180,000,360 lei

Total no. of shares:                                        1,200,002,400 shares

Market on which securities are traded:       Bucharest Stock Exchange, Premium Tier

 

 

IMPORTANT EVENT:                                       Financial report as of March 31, 2022.

 

Aquila Part Prod Com SA(market symbol ”AQ”) informs the investors informs investors about the publication of the quarterly report on interim financial statements of 31.03.2022. The report is available as of today, 13.05.2022 both in printed version, at the registered office of the company in Ploiesti, 105A Malu Rosu street, Prahova county, as well as on the official website, www.aquila.ro, in the section reports and presentations, financial reports – Q1 – 2022;

Please note that the quarterly financial statements as of March 31, 2022 are not audited.

 

                                   

Catalin Vasile

CEO

 

 

 

 

 

 

 

 

PRESS RELEASE


Aquila recorded a net profit of RON 12 million in the first quarter of the year, double compared with the first three months of 2021.


Ploiesti, May 13, 2022 – Aquila, market leader in integrated distribution and logistics services,  recorded a net profit of RON 12 million at march 31, 2022, double compared with the result recorded in the first quarter of last year. The acquisition of the company Trigor in the first half of 2021 contributed with 1,6 million RON to Aquila’s profitability, according to the consolidated results for the first quarter.


The company’s revenues recorded a consistent increase in the first quarter of the year and reached RON 469 million, with an advance of over 12% compared to January-March of 2021. The main drivers of the evolution are represented by the increase in distribution revenues and the acquisition of Trigor, which had an impact of RON 28 million, in the same period.


“After having achieved the best results in our history in 2021, we continue the positive evolution with a new quarter of growth. Distribution revenues grew by 13% and logistics revenues increased by 6%, at the same rate as the transport revenues. We would also like to mention that the gross margin obtained from the sale of goods increased by about RON 19 million, the equivalent of 2,2 percentage points, mainly influenced by the mix of products sold, as well as the mix of distribution channels. In the meantime, we will continue the strategy of expanding our business, as we announced at the end of last year, when we listed Aquila on the Bucharest stock Exchange,” says Catalin Vasile, CEO of Aquila.


The full version of the report on the financial results for the first quarter of 2022 of Aquila Part Prod Com SA is available on the company’s website at https://www.aquila.ro/relatii-cu-investitorii, reports and presentations section, and on the stock Exchange website

 

About Aquila

Founded in 1994 and with a team of approximately 3.000 employees, Aquila is the leader of the consumer goods distribution market in Romania, also successfully operating in the Republic of Moldova. Aquila offers to its partners integrated distribution and logistics solutions by selling complementary products and services. The group’s revenues increased by 13%, reaching RON 1.930 million at the end of 2021. Aquila registered a net profit of RON 71 million on December 31, 2021, up by 30% compared to 2020. More information is available at www.aquila.ro.

 

Press contact

Silviu Nicolescu | silviu.nicolescu@oxygencomms.ro | 0735.012.243

 



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