Selena Group, one of the leading producers and distributors of construction chemicals and the owner of the TYTAN brand – posts a net profit increase of 89.8% YoY – to PLN 20.72 million – in the first half of 2019. Revenue in this period amounted to PLN 617.16 million, up 6.3%, while EBIT rose by 84.8% to PLN 34.64 million. The H1 result is a continuation of the trend noted in the first quarter, when the company’s profit increased compared to the previous year.
COOL-R, the innovative product of Selena FM SA – the global manufacturer and distributor of construction chemicals and the owner of the TYTAN brand – obtained the International Product Declaration (EPD) from the Building Research Institute, and the GREEN CARD from the certification company DEKRA. In addition, COOL-R also received Type II declaration in accordance with ISO 14012, which confirms reduction of electricity consumption and obtained the ITB EKO label.
Selena SA, a company from Selena Group – one of the leading producers and distributors of construction chemicals and owner of the TYTAN brand – again supports young, talented architects and engineers. As a strategic partner for the 2018/2019 edition of the Builder For The Future project, attended by 10,000 people, Selena provides education on new technologies used in construction. Selena has made available its innovative solutions: COOL-R, the highly reflective roof coating and the specialist waterproof Tack-R membrane.
Selena Group owner of the Tytan brand and one of the world’s three largest producers of polyurethane foams posted net profit amounted to PLN 6.1 million, up PLN 10 million compared to Q1 2018. The Group’s consolidated revenue has increased by more than 9% year-on-year to PLN 271 million and EBIT amounts to more than PLN 10 million. Gross profit margin increased by 2.6 pp vs. Q1 2018, and stands at 31.3%.
Selena Group – owner of the Tytan brand and one of the world’s three largest producers of polyurethane foams – was awarded during the conference “30th anniversary of economic transformation of Lower Silesia" that took place on 16 May in Wrocław. The award granted by the “Jedynka Gazety Wyborczej” news service to the “30th Anniversary Companies chosen by Gazeta Wyborcza” for significant contribution to the region’s development was received on behalf of Selena by Andrzej Zygadło, Global Head of HR of Selena Group.