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Bogdanka’s very robust Q1 results

LW Bogdanka S.A. has published its Q1 2022 financial results. The LW Bogdanka Group’s revenue climbed 30.1% in this period to PLN 731.8 million from PLN 562.4 million last year. EBITDA was PLN 276.5 million, operating profit was PLN 179.7 million and net profit was PLN 143.2 million.

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Bogdanka’s Strategy as a response to market challenges

The Strategy presented by Lubelski Węgiel Bogdanka is a response to the challenges posed by Poland’s 2040 Energy Policy. It is focused primarily on maintaining production capacity, high profitability ratios, respect for the environment as well as maintaining the position of an economic and social pillar of the region.