Mint of Poland tops the Ranking of the Country’s Most Dynamically Growing Companies
The Mint of Poland has won the accolade of Poland’s Most Dynamically Growing Company of the Year 2020. The company came first among Top 50 companies ranked in terms of revenue growth dynamics. The “Polish Business Gazelles” ranking is based on the financial results of the country’s 200 largest companies.
Nationwide leading position of the Mint of Poland
The top position in the “Polish Business Gazelles” ranking confirms the company’s agility and adaptability to the constantly changing market conditions as well as its huge potential for business diversification.
– Last year, not only did we successfully navigate the unprecedented, challenging economic environment but we also went on to excel in terms of generating above-average growth – commented Grzegorz Zambrzycki, President of the Management Board and Managing Director, Mennica Polska S.A.
While accepting the accolade on behalf of the company, Mint of Poland’s Managing Director made a special mention of the employees and their crucial role in generating the award-winning business result, which confirmed the company’s leading position nationwide. – We are a tried and tested team – he added.
Mint of Poland’s strong and robust performance in the year of the pandemic
On a year-on-year basis, the Mint of Poland’s consolidated net sales revenue grew by nearly 41 percent, while the adjusted sales result was up by over 230 percent in 2020. The FY 2020 consolidated EBITDA rose by nearly 125 percent and the Group’s FY 2020 net profit by nearly 480 percent.
– Last year was a testing time for many businesses. As a company, we passed that test with flying colors to emerge from the unprecedented challenge of the COVID-19 pandemic even stronger and more determined to succeed and continue to grow. Our unmatched performance in 2020 more than confirms that we can continue to create shareholder value even amidst the most difficult circumstances – Grzegorz Zambrzycki said, commenting on the company’s performance last year.
For more information on the results of each operating segment, watch the official statement given by Mint of Poland’s Managing Director Grzegorz Zambrzycki on the company’s 2020 performance here.