Legal basis: Article 17 section 1 of MAR – confidential information
Subject: Initial information on the results for Q1 2020.
The Management Board of J.W. Construction Holding S.A. with its registered office in Ząbki ("Issuer"), hereby informs that:
1) The number of development agreements entered into by the companies of Issuer’s Capital Group in Q1 of 2020, preliminary sales agreements (i.e. those regarding finished investments, contracts with entities other than individual clients, and business premises), and paid reservations was 210.
2) The estimated number of units to be recognised in the revenues of the Issuer's Capital Group for the first quarter of 2020 is approx. 30, which stems from the schedules of the investments underway.
In Q1 2019:
1) The number of development agreements entered into by the companies of Issuer’s Capital Group in Q1 of 2019, preliminary sales agreements (i.e. those regarding finished investments, contracts with entities other than individual clients, and business premises), and paid reservations was 280.
2) Number of units recognised in the revenue of the Issuer’s Capital Group for Q1 of 2019 was 266.
The above information may differ from the final data to be presented during the publication of the report for Q1 2020.