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Poland's Grupa Pracuj posts 17% profit jump driven by Ukraine business

Poland's Grupa Pracuj posts 17% profit jump driven by Ukraine business

Grupa Pracuj Spolka AkcyjnaApril 2, 20264
Poland's Grupa Pracuj posts 17% profit jump driven by Ukraine business

About this update from Grupa Pracuj Spolka Akcyjna

Polish recruitment company Grupa Pracuj GPW:GPP reported a 17% rise in its 2025 profit on Thursday, as strong performance in Ukraine supplemented modest growth in the core Polish market.Grupa Pracuj is Poland's biggest provider of human resources technology and runs the country's largest online job recruitment platform, Pracuj.pl, as well as Robota.ua in Ukraine."In Poland, despite economic growth, employers' recruitment activity was moderate" - CEO Przemyslaw GacekOutlook 2026: mid-single-digit percentage growth in recruitment services revenue and HR software monthly recurring revenueOutlook 2026: maintain adjusted EBITDA margin at 45%Net profit of 238.7 million zlotys ($64.2 million) slightly beat a median forecast of 236 million in a Reuters pollGrupa Pracuj said its board would propose a record dividend of 3 zlotys per shareRevenue in the German market, where the group operates HR technology unit Softgarden, was broadly flat amid demanding economic conditionsPoland revenue grew 5.6%; Ukrainian business continued to expand, showing 21.8% growthThe group's full-year revenue rose by 5.4% to 811.2 million zlotysAdjusted EBITDA reached 366.6 million zlotys, up 5.7% from 2024($1 = 3.7206 zlotys)

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