PKM DUDA among the Diamonds of Forbes` 2009 laureates
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PKM DUDA among the Diamonds of Forbes` 2009 laureates
27th of January 2009 PKM DUDA among the Diamonds of Forbes' 2009 laureates Press release Polish Meat Concern DUDA S.A. won the Diamond of Forbes in the ranking organized by Forbes monthly and Dun & Bradstreet company. The ranking covered companies which have been increasing their value most dynamically over the past three years. There have been three categories: according to the revenue of 2007: PLN 5-50m, PLN 50-200m, above PLN 200m. PKM DUDA was among companies with the highest revenue. The cryteria for the Diamonds of Forbes list were based on the Swiss method of assesing the company value, which considers (among else): sales level, net rofit, fixed assets, stocks, rceivables and investment expenditure. In 2007 the PKM DUDA revenue equalled PLN 1.33m while the net profit was over PLN 40m. After three quarters of 2008 the Group sales went over PLN 1.04b which equalled the increase by 40% in comparison to the same period in 2007. PKM DUDA has been among the companies with the highest revenue of the meat sector for several years now. Unlike many companies of this sector – including DUDA- BIS from Sosnowiec, the one we are sometimes mistaken for – we have succesfully defended ourselves from the effects of difficult market conditions. Our position on the market is very strong, our financial condition is good and the investments we have planned for next year will enable us to further jump profits in sales and the increase of profitability. Our employees have no reasons to worry about their future in our company whatsoever –said Maciej Duda, the president of the board. The structure of the Capital Group PKM DUDA is divided into three basic segments: production (slaughter, dissection and processing of red meat”, trade-service (dictribution of meat products, meat trade broking, specialized dissection services) and agriculture (raw material base – breeding of pigs, cultivation, processing and storing cereal). Polski Koncern Miesny DUDA is a group of related companies in agribusiness sector from all over Poland. The Group is headed by Polski Koncern Miesny DUDA S.A. withits registered office in Warsaw, with employment of over 2500 persons – since 2002 the company has been listed. The capital group includes the following companies: PKM DUDA S.A., Polska Wołowina, Hunter Wild, Makton, Eurosmak, Fedrus, Stół Polski, ZM Paruzel, NetBrokers, EURO DUDA, PZZ Dystrybucja, DUDA Distribution, New Logistic, Meat Service, AGRO DUDA, Wizental, Bioenergia, Agronet, Agroferm, Agrohop, Agroprof, Rolpol and Przedsiebiorstwo Budowlano - Iwestycyjne. Since 2006 Polski Koncern Miesny DUDA S.A. has been investing in Ukraine – now the Capital Group also included company BORYS from Novovolynsk, involved in slaughtering and cutting meat; a pig farm “Zoria”, the recently acquired Capital Group Rosan AGRO, Ekspress and Pieprzyk Rogatyn. Production plants of Polski Koncern Miesny DUDA holds EU certifications and operating HACCP system. The Group exports its products to most of the EU countries as well as to the far East. Additional information: Polski Koncern Miesny DUDA S.A. Grabkowo 73, 63-930 Jutrosin tel. +48 65 547-70-37, fax +48 65 547-21-26 www.pkmduda.pl