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Jastrzębska Spółka Węglowa SAJSW coal estimates net loss at PLN 308.9 mln in Q3 2024, below consensus
Listed coking coal group estimates its net loss in the third quarter of 2024 at PLN 308.9 million (EUR 71.5 mln) and sales revenue at PLN 2.69 billion (EUR 622.7 mln), the company said in a market filing. The PAP Biznes consensus was for a net loss of PLN 411.4 million (EUR 95.2 mln) and revenues of nearly PLN 2.65 billion (EUR 613.5 mln).
JSW estimates its gross loss on sales in the third quarter of 2024 at PLN 73.9 million (EUR 17.1 mln) and EBITDA at PLN 18.2 million (EUR 4.2 mln).
The PAP Biznes consensus assumed EBITDA of PLN 32.2 million (EUR 7.5 mln).
For the nine months of 2024, JSW estimates sales revenue at nearly PLN 8.87 billion (EUR 2.1 bln) , gross loss on sales at PLN 117.4 million (EUR 27.2 mln), EBITDA at PLN 5.8 billion (EUR 1.3 bln) and net loss at PLN 6.37 billion (EUR 1.5 bln).
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