Mo-bruk S.a. · GPW:MBR
Mo-bruk — FY2024 Earnings Presentation
18 slides from Mo-bruk's earnings presentation, Apr 24, 2025
Slide 1: mWIG40 Results presentation 2024
mWIG40 Results presentation 2024 April 24th, 2025
Slide 2: Three diversified business segments
Three diversified business segments Mo-BRUK is a leader in the circular economy, operating in three complementary areas of waste processing. Incineration of Solidification industrial and and stabilisation Production of RDF Other activities medical waste of waste We produce energy We produce artifi
Slide 3: Scale of operations – sales revenue
Scale of operations – sales revenue xx total Revenues (PLN million) Volume of Processed Waste (in thousand tonnes) 350 283.9 323.5 300 267.2 243.4 300 237.0 24.7 265 262.8 256.4 250 1.3 245 53.4 250 24.0 224.2 178.5 200 200 130.6 15.5 150 7.5 150 259.2 219.3 235.7 100 213.8 100 162.9 123.1 50 50 0 0
Slide 4: Scale of operations – EBITDA and net profit
Scale of operations – EBITDA and net profit *Normalized EBITDA (PLN million) and EBITDA Margin (%) Profitability remains at a high level – the EBITDA margin 151,3 160 58% 70% from core operations reached 45%, despite the 140 57% 60% simultaneous execution of extensive modernization 117,3 48% 116,7
Slide 5: Core business – quarterly data
Core business – quarterly data EBITDA (PLN million) 40 36.1 35 33.8 Reasons for the Decline in EBITDA Margin in 31.4 32.0 30.2 Q4'24: 30 27.0 25.9 • In 2024, the El-Kajo facility did not meet 25 21.8 its targeted EBITDA performance due to 20 approximately a six-month delay in waste deliveries from k
Slide 6: Business structure
Business structure Revenues by segment (PLN million) xx total Volume of processed waste (thousand tonnes) 300 258.4 323.5 350 248.2 221.1 217.1 265 262.8 256.4 250 300 245 52.8 57.1 224.2 90.3 200 162.6 46.546,5 250 42.9 78.8 101.7 86 114.7 72.4 200 62.8 89.5 150 34.3 101.8 78.6 92.5 150 100 25.5 60
Slide 7: Market trends 2025+
Market trends 2025+ Extended producer responsibility for waste introduced into circulation: • further limiting the grey area • favoring entities with their own processing facilities • waste stream control requires integration at earlier stages of production (upstream) Incineration of Solidification
Slide 8: Expenses structure
Expenses structure Details Year-on-year increase in (in thousands of PLN) 2024 2023 Change Change % cost value by 28.5% Operating activity expenses 190.265 148.097 42.168 28.5 Change in product inventory 374 94 280 297.9 The main driver of this increase was the consolidation of costs from two subsid
Slide 9: Changes in the value of key balance sheet items
Changes in the value of key balance sheet items Details December 24 December 23 Change Change (%) (in thousands of PLN) Increase in the value of fixed assets 315.152 223.964 91.188 40.7 * Tangible fixed assets Increase in the level of liabilities ** Loans and borrowings 49.990 7.728 42.262 546.9% Ot
Slide 10: Status of proceedings regarding increased fees for 2015–2020
Status of proceedings regarding increased fees for 2015–2020 2015: The amount has been secured in the course of Summary: In a pessimistic scenario, the enforcement proceedings. Decisions by the Local company has achieved a potential reduction Government Appeal Board (SKO) and the Provincial of the
Slide 11: Relocation of RDF Production from Wałbrzych to Karsy
Relocation of RDF Production from Wałbrzych to Karsy The Supreme Administrative Court (NSA) dismissed Mo-BRUK’s complaint regarding the revocation of the operating permit for the facility located at Górnicza 1 and 4 in Wałbrzych. As a result of the court’s decision, the Wałbrzych plant has been
Slide 12: Attachments
mWIG40 MOBRUK Attachments
Slide 13: Investments: projects and locations
Investments: projects and locations XII 2022 2023 2024 2025 Karsy Waste Incineration Plant: PLN 135M ✓ completed Niecew: PLN 25M Skarbimierz: PLN 20M Karsy RDF: PLN 25M RAF Ekologia: PLN 10M IT – all functions: PLN 1,5M 13
Slide 14: Karsy: On-time completion of incineration plant modernization
Karsy: On-time completion of The investment was completed according to incineration plant modernization the planned schedule. The project was 100% financed with external funds, including a grant of PLN 38 million. The primary objective of the modernization was to align with Best Available Tech
Slide 15: Niecew: Plant modernization (1/2)
Niecew: Plant modernization (1/2) In Q2 2025, acceptance procedures began for the investment aimed at adapting the facility to Best Available Techniques (BAT) standards. Despite ongoing intensive construction work in 2024, the plant processed 2,000 tonnes more waste than in 2023. As a result o
Slide 16: Niecew: Plant modernization (2/2)
Niecew: Plant modernization (2/2) 16
Slide 17: Karsy: New RDF production line
Karsy: New RDF production line Delivery and installation of a new production line with an annual capacity of 140,000 tonnes, at a cost of PLN 15 million. Planned increase in processing capacity from 90,000 tonnes to 200,000 tonnes annually (Environmental Permit limit: 280,000 tonnes per year).
Slide 18: Disclaimers
Disclaimers This document has been prepared by Mo-BRUK S.A. (“Mo-BRUK”) with registered office in Niecew 68, Korzenna 33-322, entered in the register of entrepreneurs of the National Court Register kept by the District Court for Kraków-Śródmieście in Kraków, 12th Economic Division of the National Co