Company Profile

The information below does not constitute any invitation or offer to sell, invest in or trade, nor does it constitute any invitation to place any offer to purchase, invest in or trade the securities. The information presented herein is up to date as on the date of publication. For more information, please contact Investor Relations Centre, tel: (+48 22) 695 90 01-02, e-mail: investor@msp.gov.pl.

Składnica Księgarska Sp. z o.o. seated in Warsaw - company contributed to Grupa PHN S.A.

Description of activity

Składnica Księgarska Sp. z o.o. has been operating in the book market for more than 50 years. Rich tradition and high standards achieved over many years have consolidated the company’s position on the market and have earned it the reputation of a trustworthy and reliable partner. The company’s business activity is based on wholesale and retail sale of books (within own sales network) and lease of office and storage space. The main range of products offered by the company is books printed on commission and distributed exclusively by the company. The adopted business model allows the company to shape its own, independent pricing and discount policy. The company specializes in trade of books classified as children’s, educational, youth and world literature. The company’s offer is carefully selected and is characterised by very high quality, both in terms of editing and subject matter. The books are affordably priced.
The company’s main customers are domestic wholesalers, book sellers and state-financed units. The main group of suppliers are publishers providing books to the company for exclusive distribution. The company cooperates with many other publishers and wholesalers operating on the Polish book market.
The main assets of the company are real estates located in Warsaw and Katowice. Revenues from lease of company space are about 30% of total revenues. The main lessees (with long-term lease contracts) are state-financed units, which ensures regular payment. The goal of the company’s development strategy is to expand in the following years cooperation with publishers under consignment agreements and to offer new titles. The company intends to increase sales, among others by launching new promotional campaigns aimed at making the company’s offer more attractive to wholesalers. The company also plans to develop cooperation with existing customers and to actively seek new ones. The company sees its opportunity for development in concluding affiliation agreements which will allow the company to access new markets.

Contact information

Province : mazowieckie

Składnica Księgarska Sp. z o. o.
ul. Kolejowa 19/21
01-217 Warszawa
Tel. (+48 22) 53 49 700
Fax (+48 22) 53 49 725
www.sk.com.pl
sekretariat@sk.com.pl

Ministry of Treasury
ul. Krucza 36 / Wspólna 6
00-522 Warszawa
Department of Capital Markets
ph.: (+48 22) 695 87 04
fax: (+48 22) 695 87 01
Investor Relations Centre
ph.: (+48 22) 695 90 01
ph.: (+48 22) 695 90 02
fax: (+48 22) 629 98 38
investor@msp.gov.pl
www.msp.gov.pl

foto

Performance in thousand PLN

 
 
2007
2008
2009
Sales revenue
10 772.0
10 364.7
8 638.2
EBITDA            
296.0
785.0
234.0
Net result
73.0
530.0
24.0

Planned privatisation

More information Grupa PHN S.A. comprises INTRACO S.A., Polski Holding Nieruchomości S.A. and BUDEXPO Sp. z o.o. Polski Holding Nieruchomości S.A. is composed of consolidated companies of Dipservice w Warszawie S.A., Towarzystwo Obrotu Nieruchomościami "Agro" S.A., Argo Sp. z o.o., Składnica Księgarska Sp. z o.o., Kaskada Sp. z o.o. and COBO Sp. z o.o. The Treasury is the main shareholder of the company. The Ministry adopted a privatization path for Grupa PHN S.A., which allows for the company's debut on the Warsaw Stock Exchange within the next few months. More information

History of privatisation process:
Cancellation of auction: 20 July 2010
Invitation to participate in a public auction. More information
Cancellation of the auction: 27 May 2010
Invitation to participate in a public auction. More information

Employment

25 employees

Initial capital

PLN 2 589 550

President of the Management Board

Stanisław Marek Bagiński

Privatisation advisor

Doradztwo Gospodarcze DGA S.A. seated in Poznań

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Publication date : 11.06.2010
Modification date : 06.09.2011
Katarzyna Szulc