The Best Annual Report for LUG S.A. for the third time
16 October 2015
We are happy to announce that the Annual Report of LUG S.A. for the third time in a row won the main award in the Best Annual Report competition. It is the next award this year for the quality of communication addressed to the shareholders - in 2015, the investor relations website of LUG S.A. was awarded the Issuer’s Golden Website title.
On Thursday, the 15th October 2015, the winners of The Best Annual Report 2014 were officially announced. The award for the best annual report on the NewConnect market again went to LUG S.A.
The NewConnect category was created 3 years ago and since then LUG S.A. annual reports are invariably awarded the best prize. It confirms the high quality of financial reporting conducted by the company.
- During preparations of financial statements and periodic reports, our objective is always the clearest communication with capital market, our shareholders and potential investors. We are pleased to be awarded the next and at the same time the third main prize in the Best Annual Report competition because it confirms that our efforts has been noticed and appreciated. - Małgorzata Konys, Chief Financial Officer of LUG S.A. commented.
The objective of a competition organiser, i.e. the Institute of Accounting and Taxes, is to promote these annual reports on which investment decisions can be made with relatively minimal risk. The object of the assessment of the competition Board in the NewConnect category were the annual reports sent to the Stock Exchange, marketing reports and annual reports on the Internet.
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LUG S.A. is a holding company of the LUG S.A. Capital Group – a supplier of comprehensive lighting solutions, one of the largest manufacturers of lighting luminaries in Poland. The company sells its products in Poland and several dozen countries around the world. The company with over 26 years of experience with its seat in Zielona Góra has operated as a Capital Group since 2008.
The Best Annual Report 2014 – 10th edition of the competition for companies listed on the Stock Exchange and the 3rd edition for companies from the NewConnect – the competition is organised by the Institute of Accounting and Taxes which aims at promoting annual reports with the most useful value for shareholders and investors. http://www.irip.pl/raport_roczny