Dekpol Sa · GPW:DEK
Dekpol Sa — Q1 2026 Earnings Presentation
33 slides from Dekpol Sa's earnings presentation, June 2026
Slide 1: Financial results for Q1 2026 and FY 2025
Financial results for Q1 2026 and FY 2025 Investor presentation June 2026
Slide 2: Disclaimer
Disclaimer This presentation does not constitute an offer to sell any securities of Dekpol S .A . (The "Company"), in particular, it does not contain information about the securities and the terms of their purchase, and does not constitute an invitation to sell securities, submit offers for their pu
Slide 3: Dekpol Capital Group
Dekpol Capital Group Gdańsk Pinczyn Lubawa Działdowo Toruń Headquarter of the Group Budownictwo Warszawa Poznań Deweloper Maintal , Germany Steel Betpref 3 Dekpol Capital Group Wyniki finansowe FY 2022 Wrocław
Slide 4: Dekpol Capital Group
Dekpol Capital Group Dekpol Budownictwo sp. z o.o. • specialization in construction of cubature facilities (including logistics and industrial ) • short - and medium -term contracts (execution time 6 - 9 months ) Mariusz Tuchlin • flexibility provided by own resources : machinery park, construction
Slide 5: Financial results in Q1 2026
Financial results in Q1 2026 Revenues EBITDA Net profit (million of PLN ) (million of PLN ) (million of PLN ) 51 351 343 264 30 30 25 19 13 1Q24 1Q25 1Q26 1Q24 1Q25 1Q26 1Q24 1Q25 1Q26 • PLN 263.7 million of revenues (compared to PLN 343.0 million a year earlier), at 17% of gross sales margin. decli
Slide 6: Financial results for 2025
Financial results for 2025 Revenues EBITDA Net profit (million of PLN) (million of PLN) (million of PLN) +34% y/y 1 876 +31% y/y 179 +8% y/y 1 569 1 404 104 97 137 90 132 2023 2024 2025 2023 2024 2025 2023 2024 2025 • Revenue increased by 34% y/y to PLN 1.88 billion, supported by the expanded scale
Slide 7: Budownictwo
Budownictwo Deweloper Steel Financial results Summary 7
Slide 8: Budownictwo
Budownictwo Continued achievement of strategic objectives despite challenging market conditions Key events of recent months • Revenue increased by 33% in 2025; lower sales in the first quarter were related to a weather - induced reduction in activity during January and February of this year • Market
Slide 9: Budownictwo – financial results
Budownictwo – financial results Consolidated revenues, EBIT, quarterly margin (million of PLN, %) Consolidated revenues, EBIT, annual margin (million of PLN, %) Przychody +52% 7,7% 6,9% 7,1% 7,0% EBIT 6,1% 5,8% 5,9% 1 328 8,9% 8,2% 414 EBIT margin 7,7% 6,7% 386 Revenues EBIT 1 073 1 002 5,1% 5,3% 1
Slide 10: Budownictwo – outlook for 2026+
Budownictwo – outlook for 2026+ A strong ordering portfolio built in a challenging market Structure of GC projects (as of 31.03.2026) Contracting for external clients (million of PLN ) Net value of contracts (million of PLN) Remaining for execution (million of PLN) Record -high ordering portfolio va
Slide 11: Deweloper
Budownictwo Deweloper Steel Financial results Summary
Slide 12: Deweloper – key events YTD
Deweloper – key events YTD Current events • During Q1 2026, alongside the ongoing development of Stage IV of the Pastelowe Osiedle project (116 units), we commenced Stage V, which will deliver a further 118 units) • The launch of the Silva Maris development project on Sobieszewska Island in Gdańsk (
Slide 13: Deweloper – development strategy
Deweloper – development strategy Our vision We are building a scalable, cost -efficient and customer -focused property development platform with broad competencies, targeting growth in the mainstream residential market while preserving our proven expertise in the delivery of premium developments. St
Slide 14: Deweloper – the Oval Sky case
Deweloper – the Oval Sky case Facts • The Oval Sky project obtained an occupancy permit on February 23, 2026 • On 5 May 2026, DEKPOL Inwestycje sp. z o.o. WBH s.k. received a decision issued by the Mayor of the City of Warsaw refusing to issue certificates confirming the independent status of the co
Slide 15: Deweloper - financial results
Deweloper - financial results Consolidated revenues, EBIT, quarterly margin (million of PLN, %) Consolidated revenues, EBIT, annual margin (million of PLN, %) 46% 32% 37% 33% Revenues EBIT 29% 27% 21% EBIT margin 19% 18% 18% 22% 22% 23% Revenues 19% 145 367 EBIT 14% 321 EBIT margin 287 111 254 231 8
Slide 16: Deweloper – contracting of units
Deweloper – contracting of units Contracting and offer Offer (number of units offered for sale) Contracting (units sold by agreements) 1 006 950 914 914 839 811 801 776 738 746 740 729 776 713 715 714 740 667 683 713 649 609 625 667 565 666 670 185 490 173 181 173 472 466 161 289 143 138 139 238 127
Slide 17: Deweloper - diversified offer
Deweloper - diversified offer 839 units offered as at 31.03. 2026 % of units sold from the offering – as at 31.03.2026 Ovalsky 30% 99 234 333 Trimare stage 1 96% 181 7 188 Eterna 2% 4 175 179 Osiedle Kociewskie stage 3 99% 139 2 141 Sobieszewska Island Sol Marina stage 3 68% 95 45 140 Granaria Osied
Slide 18: Deweloper – planned investment pipeline 2026-2028
Deweloper – planned investment pipeline 2026 -2028 PASTELOWE_4_[21, 22] 116 CHABROWE_1_[B1, B2] 130 KOCIEWSKIE_5_[E1, E2, E3] 117 PASTELOWE_5_[14, 15] 118 ETERNA_1_[CD] 179 SILVA MARIS_1_[A1, 3] 75 ALTERA_1_[1] 118 KOCIEWSKIE_6_[3.1, 3.2] 94 PASTELOWE_6_[16, 17] 118 Warszawa Kwitnąca_1_[B1] 68 Arcis
Slide 19: Deweloper – potential of handovers
Deweloper – potential of handovers Revenues and handovers 450 Value (million of PLN) Number of handovers 1400 400 • For 2026, the Group aims to hand over approximately 550 units to 367 350 1200 customers and generate approximately PLN 350 million in revenue 350 321 from its property development segm
Slide 20: Steel
Budownictwo Deweloper Steel Financial results Summary
Slide 21: Steel
Steel Sustainable Growth and International Expansion Key events of recent months • Further development of operations in a challenging market environment. • Sales growth and a focus on profitability. • Focus on broadening the customer base across both EU and non -EU markets, including further expansi
Slide 22: Steel – financial results
Steel – financial results Consolidated revenues, EBIT, quarterly margin (million of PLN, %) Consolidated revenues, EBIT, annual margin (million of PLN, %) 14,4% 10,5% 10,2% 9,9% 7,2% 6,2% 5,9% 8,0% 8,2% 8,7% 7,5% 2,1% 6,6% 6,6% Revenues 157 1,5% EBIT 140 Revenues EBIT EBIT margin 120 123 129 34 33 E
Slide 23: Steel – expansion of operations in the DACH markets
Steel – expansion of operations in the DACH markets DACH – key strategic assumptions for 2026 –2030 • One integrated group in the DACH market, combining local experience, expertise and management capabilities • One global group with strong economic, manufacturing and commercial potential • Local bra
Slide 24: Agenda
Agenda Budownictwo Deweloper Steel Financial results Summary 24
Slide 25: Revenues – three segments
Revenues – three segments Revenues (million of PLN) 1 876 Budownictwo Deweloper Steel Other ∑ Total 129 1 569 1 387 1 404 367 140 611 1 256 157 123 320 503 503 32 1 055 120 496 184 231 36 27 429 33 418 145 80 254 112 351 77 105 336 32 343 33 287 299 288 64 271 34 26 111 31 264 1 328 36 54 42 31 81 1
Slide 26: EBITDA
EBITDA EBITDA (million of PLN) 179 56 51 49 48 136 136 137 42 44 125 32 31 92 30 27 25 19 15 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2020 2021 2022 2023 2024 2025 • The Group’s EBITDA increased by 31% in 2025, driven by continued high quality of the general contracting proje
Slide 27: Consolidated net profit
Consolidated net profit Net profit (million of PLN) Net profit One -off events Adjusted profit 104 97 89 36 79 34 76 32 32 30 7 27 20 25 53 104 19 97 17 17 89 13 13 72 10 53 56 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2020 2021 2022 2023 2024 2025 • PLN 104.4 million of net p
Slide 28: Net debt, maturity profile
Net debt, maturity profile Net debt (million of PLN) at the end of period and ND / EBITDA ttm Bonds – maturity structure (million of PLN) Net debt (million of PLN) Net debt/EBITDA 1,9 1,7 1,4 1,1 1,6 0,7 0,8 0,9 0,6 0,4 0,3 0,5 1,5 1,3 0,9 0,8 0,7 0,1 0,1 250 209 213 214 202 202 180 184 141 139 135
Slide 29: Dividend
Dividend • On June 10, 2026 , the Ordinary General Meeting of Shareholders Dekpol S.A. adopted resolution concerning dividend payout: Dividends • Dividend payout amount : PLN 31.3 million (100% of the 3,74 separate profit plus PLN 2.8 million from reserve capital) 3,45 • Dividend per share: PLN 3,74
Slide 30: Summary
Budownictwo Deweloper Steel Financial results Summary
Slide 31: Summary of Q1 2026. Outlook for 2026
Summary of Q1 2026. Outlook for 2026 Q1 STRONG FINANCIAL CONSISTENT EXECUTION FINANCIAL RESULTS AFFECTED BY EXTERNAL FOUNDATIONS OF OPERATIONAL PLANS 2026 CONDITIONS 1 2 3 GROWTH POTENTIAL INCREASED ACTIVITY 2026 CHALLENGING MARKET ENVIRONMENT ACROSS ALL BUSINESS AND OPPORTUNITIES TO STRENGTHEN MARK
Slide 32: Dziękujemy za uwagę
Dziękujemy za uwagę 32
Slide 33: Contact details
Contact details Our investor relations service Investor Relations : Financial information : B.Dowgielski@makmedia.pl https://dekpol.pl/informacje -finansowe/ Financial communication : Current reports : A.Szostak@makmedia.pl https://dekpol.pl/raporty -biezace/ Periodic reports: https://dekpol.pl/rapo