26.6 billion in sales, exceeding preliminary expectations, is expected from the new BSE BUMIX basket
Based on the financial performance of its subsidiaries, Delta Technologies revised its previously issued profit expectations on 21 September 2022. Based on the approved 2021 annual reports of Delta Systems Ltd. and Delta Software Technologies Ltd. subsidiaries, Delta's group-wide management data for 2021 is expected to exceed the guidance in the preliminary data release (positive profit warning) issued on May 11, 2022.
The company's group-wide revenue is expected to reach HUF 26.6 billion, up HUF 600 million on the preliminary figures, and the group's net profit is expected to reach and exceed HUF 1+ billion. The group's preliminary EBIDTA and EBIT figures are likely to exceed the upper end of the forecast range due to the overachievement of the sales plan.
We have revised our own plans following the successful completion of a large-scale acquisition in an unfavourable economic environment. This not only demonstrates that we have charted the right growth path, but also reflects the business value of the Group. Following the reorganisation, we will review our plans again and work with all our resources to achieve our goals in the coming period.
On 20 September 2022, the Board of Directors of Delta Technologies approved the annual accounts of the company's subsidiaries (Delta Systems Kft. and Delta Software Technologies Kft.), which are owned by 100%. The above accounts have been published in accordance with the provisions of Act C of 2001 on Accounting The Company will publish its annual report to be submitted to the General Meeting of Shareholders, following the Board of Directors' meeting on 3 October 2022, within the statutory deadline, expected to be 4 October 2022.
