Sales structure
Sales structure by sectors of the construction market:
| Facility type | Sales value | |||
|---|---|---|---|---|
| 2019 | 2018 | |||
| million PLN | % | million PLN | % | |
| civil engineering (infrastructure) | 3 092 | 43,2% | 3 163 | 44,9% |
| rail | 1 190 | 16,6% | 634 | 9,0% |
| commercial, including: | 2 870 | 40,1% | 3 250 | 46,1% |
| – non-residential | 2 215 | 31,0% | 2 537 | 36,0% |
| – residential | 655 | 9,2% | 713 | 10,1% |
| Total sales of construction and assembly services | 7 152 | 100,0% | 7 047 | 100,0% |
In 2019, the sales revenues from development activities amounted to PLN 557,811 thousand, with an increase compared to the previous year by 1.8%. It should be noted, however, that the revenue from the sale of property development activities are recognised in the books at the time of transfer of ownership of the apartment/premises to the buyer once the technical acceptance of the entire facility is completed. Therefore, the notarial sales of apartments depends on the completion dates of construction projects and the delivery of finished apartments to customers and is not a seasonal phenomenon or one which is possible to compare year-to-year.
On the whole property development market in 2019, it was possible to observe a slight increase in the presales of new apartments compared to the previous year. Net pre-sales of the new premises in our offer in the entire 2019 was 1,655 apartments in comparison with 1,208 in the previous year.