Profil:
Benefit Systems SABenefit Systems posts PLN 134 mln net profit in Q3 2024, slightly above expectations
Listed employee benefit schemes provider Benefit Systems posted PLN 134 million (EUR 31 mln) of attributable net profit in the third quarter of 2024, up from PLN 115.4 million (EUR 26.7 mln) in the prior year period, the company's financial report showed. The PAP Biznes consensus was for PLN 131.7 million (EUR 30.5 mln) net take.
In the third quarter of 2024, Benefit Systems' revenues amounted to PLN 835.9 million (EUR 193.5 mln), up from PLN 693.9 million (EUR 160.6 mln) in the prior year period. The PAP Biznes consensus was for revenues of PLN 834.8 million (EUR 193.3 mln).
The group posted an operating profit of PLN 183.9 million (EUR 42.6 mln), up from PLN 171.1 million (EUR 39.6 mln) a year earlier. The PAP Biznes consensus had assumed EBIT of PLN 181.3 million (EUR 42 mln) .
The number of cards in Poland during the period exceeded 1.5 million, up by 82,000 since the beginning of the year. User activity remained at a similarly high level to the prior year period's.
The offer of Benefit Systems' own fitness clubs - 230 facilities at the end of September 2024 - is currently used by more than 260,000 users (in the B2C model).
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