Poland’s Libet benefits from mild autumn and healthy order book

The Polish paving slab manufacturer Libet expects to have limited downtime for its production lines due to the mild autumn 2013 and also to a high level of orders, which include one for Amazon's new logistics centres. In the first nine months of 2013, Libet posted revenue of PLN 160 million (€38.04 million). Analysts expect revenue for the whole year to be PLN 220 million to PLN 225million, with profit of between PLN 8-9 million.
December 2, 2013

The Polish paving slab manufacturer Libet expects to have limited downtime for its production lines due to the mild autumn 2013 and also to a high level of orders, which include one for Amazon's new logistics centres.

In the first nine months of 2013, Libet posted revenue of PLN 160 million (€38.04 million). Analysts expect revenue for the whole year to be PLN 220 million to PLN 225million, with profit of between PLN 8-9 million.

Libet is currently working on increasing its share of the DIY chain market, and aims for 5% of its total sales to come from this source in 2013.