LW Bogdanka S.A. has published its consolidated financial results after the first 3 quarters of 2023. LW Bogdanka Group's revenue for the period was PLN 2,688.8 million. EBITDA reached PLN 673.4 million, operating profit PLN 309.0 million and net profit PLN 256.7 million.
We now know summary data on coal production at Bogdanka for last month. In October 2023, longwall 7/VIII/389 (longwall 7, mining lot VIII, seam 389) in the Stefanów mining field achieved a record progress, i.e. 465 meters per month. For the Bogdanka mine, this is the largest monthly longwall progress in the 41 years of its coal production.
Lubelski Węgiel Bogdanka S.A.'s 2022 Annual Report received the 2nd grand prize in the corporate category at the 18th edition of The Best Annual Report competition for regulated market issuers and the 11th edition for the alternative market. Bogdanka received a distinction last year, and this year it is among the top 3 companies listed on the WSE's main market.
On 10 October 2023, in Warsaw the State Treasury and Enea S.A. signed a prelimina10 10 ry agreement confirming the State Treasury’s intention to purchase all Enea’s shares in LW Bogdanka. At the same time, the trade unions operating at Bogdanka signed two agreements - with the Ministry of State Assets and the Bogdanka Management Board - securing the social interests of the mine's employees.
Plans for joint mining projects regarding raw materials of the future, cooperation and building Poland's energy independence - KGHM and Lubelski Węgiel Bogdanka have signed a letter of intent on cooperation in, among other things, securing access to raw materials of key importance for a sustainable transition. The document was adopted at the National Economic Summit in Lublin.
The companies signed a letter of intent on 18 September 2023 in Katowice, during the European Steel Congress - Steel 2023.
Lubelski Węgiel Bogdanka S.A. has published its consolidated operating and financial results for H1 2023.
The Lubelski Węgiel Bogdanka Group has just published its ESG Report for 2022. The document is the tenth report prepared on the basis of the Global Reporting Initiative (GRI) guidelines, taking into account also elements typical of integrated reporting, linking financial performance with results in the environmental, social and governance areas.
Lubelski Węgiel Bogdanka has become the title sponsor of the men's volleyball team previously known as LUK Lublin. As of the new volleyball PlusLiga season, the team will be known as BOGDANKA LUK Lublin.
Last year at Bogdanka closed with record investments in improving occupational safety. OHS spending reached nearly USD 195 million. In addition to investing in equipment, training and personal protective equipment, Bogdanka conducted numerous educational and information activities. Work on improving occupational health and safety conditions at the mine will continue this year.
Considering the still great interest in the purchase of coal produced by LW Bogdanka among households and the need to ensure that residents are able to collect coal efficiently in view of the next heating season, we have restored the possibility for households to purchase coal directly for the new 2023/2024 heating season. Purchases will be made through sign-ups, which should be made at the coarse coal sales outlet in Bogdanka.