Tire Company Dębica S.A. Subcarpathian export leader
<b style=""><span lang="EN-US" style="font-size: 12pt;">In Q1 2009 Tire Company Dębica S.A. generated PLN 25.2 million of operating profit (EBIT),<span style=""> </span>which was up by 12.9 percent compared to the same period of the previous year. This positive result the Company achieved mainly due to gross profit from sales to related entities in the Goodyear Group, which was up by PLN 27.6 million</span></b><span lang="EN-US" style="font-size: 12pt;">. <b style="">Operational activities generated positive cash flows amounting to PLN 54.0 million. T.C. Dębica SA has maintained high financial liquidity combined with low debt level, with net debt/EBITDA ratio at the level of 0.49. </b></span>
In Q1 2009 Tire Company Dębica S.A. generated PLN 25.2 million of operating profit (EBIT), which was up by 12.9 percent compared to the same period of the previous year. This positive result the Company achieved mainly due to gross profit from sales to related entities in the Goodyear Group, which was up by PLN 27.6 million. Operational activities generated positive cash flows amounting to PLN 54.0 million. T.C. Dębica SA has maintained high financial liquidity combined with low debt level, with net debt/EBITDA ratio at the level of 0.49.
Tire Company Dębica S.A. appointed Stanisław Cieszkowski to the position of Production Director.
Firma Oponiarska Dębica S.A., ul. 1 Maja 1, 39-200 Dębica, POLSKA