The GPW Group focused on three key areas in 2015: building up liquidity on the Group’s markets, maintaining IPO and SPO activity of issuers, and optimisation initiatives resulting in cost reductions and enhanced operational efficiency. As a result, the GDP Group generated sales revenues of PLN 327.9 million, a net profit of PLN 123.7 million, and EBITDA of PLN 179.5 million in 2015; all of these improved year on year. The growth of revenue, achieved despite an unfavourable market environment as demonstrated by a nearly 13% decrease in the capitalisation of domestic companies, was supported by a strict cost regime. Operating expenses decreased by PLN 7.2 million year on year to PLN 174.4 million in 2015; as a result, the cost/income ratio decreased to 53.2%.
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