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LUG with the distinction in The Best Annual Report 2018

18 October 2019

LUG S.A. for the fifth time has been recognized in "The Best Annual Report" competition, receiving the distinction in the category of NewConnect Companies, summoned for the best report on operations. The purpose of the competition organized by the Institute of Accounting and Taxes is to promote annual reports with the highest utility value for shareholders.

 

This is the seventh edition of the competition for NewConnect companies and the fifth victory of LUG S.A. The distinction was granted in recognition of high reporting standards. The ceremonial final gala, during which the award was received by the president of LUG S.A. Ryszard Wtorkowski, was organized by the Institute of Accounting and Taxes in the listing room of the Warsaw Stock Exchange.

Photo by: Chochlik Photo

- Our goal is to build value for investors. Therefore, from the first days of shares listing on the Warsaw Stock Exchange, we have tried to make our communication with the capital market transparent. I am aware that the reports affect our company's credibility. Therefore, this year we decided to enrich the annual report on the company's operations with a non-financial part in the form of a comprehensive separate report showing the broader context of the company's operations and its impact on the environment. This year's award is the success of the entire team involved in the preparation of reports - says Ryszard Wtorkowski, President of the Management Board of the LUG S.A. Group.

 The competition promotes the best prepared annual reports, which are a reliable source of information about the company for shareholders and investors, as well as a tool supporting investment decisions. The jury consists of representatives of audit companies, capital market entities, representatives of stock market investors and economic journalists.
 
Photos by: Chochlik Photo