KGHM Retains ‘Best of the Best’ Title for Excellence in Annual Reporting at National Competition

KGHM Retains ‘Best of the Best’ Title for Excellence in Annual Reporting at National Competition

(IN BRIEF) KGHM Polska Miedź S.A. has retained the prestigious title of ‘The Best of the Best’ at The Best Annual Report competition, achieving the highest score for its consolidated financial statements. This marks the 13th time KGHM has won in this category, solidifying its commitment to high reporting standards and transparent communication with shareholders. The competition assesses compliance with IFRS and the quality of market communication, recognizing companies that produce the most useful reports for investors.

(PRESS RELEASE) LUBLIN, 11-Oct-2024 — /EuropaWire/ — KGHM Polska Miedź S.A. has once again secured the esteemed title of ‘The Best of the Best’ at The Best Annual Report competition, organized by the Institute of Accountancy and Taxes. This year, the company achieved the highest score for its consolidated financial statements, marking the 13th time KGHM has been recognized in this category. The award was presented during a ceremonial gala at the Warsaw Stock Exchange, where KGHM representatives received the coveted ‘The Best of the Best’ statuette.

Piotr Krzyżewski, KGHM’s Vice President for Finance, expressed pride in the company’s achievement, noting that retaining this title reflects the company’s commitment to maintaining the highest standards of financial reporting. “Our consolidated financial statements, which received the top score, are a testament to KGHM’s transparency and dedication to its shareholders and the market,” said Krzyżewski.

KGHM has consistently excelled in The Best Annual Report competition, first winning the ‘Best of the Best’ title in 2010 after securing top honors for three consecutive years between 2007 and 2009. Since then, the company has been a dominant force, regularly earning praise from a jury composed of Poland’s leading experts in accounting and finance for the quality of its reporting.

The competition evaluates annual reports not only for compliance with International Financial Reporting Standards (IFRS) but also for the clarity and conciseness of communication with shareholders and investors. The jury places emphasis on elements such as the company’s strategy, risk disclosures, and the overall transparency of the financial information presented.

The Best Annual Report competition promotes companies that produce the most useful reports for shareholders and investors. It is open to companies across Poland that prepare consolidated financial statements in accordance with IFRS and International Accounting Standards (IAS), as well as those reporting under the Accounting Act. Companies that have won the main prize three times in total are eligible to compete for the title of ‘The Best of the Best,’ a recognition that highlights long-term excellence in financial reporting and market communication.

Media Contact:

Communication Department
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SOURCE: KGHM