Specification 30.09.2025 31.12.2024 30.09.2024 unaudited unaudited | |||
Tangible fixed assets | 475 819 | 491 034 | 462 472 |
investment properties | 5 565 | 5 697 | 5 648 |
Goodwill | 40 948 | 40 976 | 43 218 |
Non-tangible assets other than goodwill | 62 141 | 71 176 | 72 545 |
Long-term receivables | 4 274 | 4 237 | 4 404 |
contract assets | 1 017 | 1 219 | 1 347 |
Financial assets | 488 | 571 | 1 054 |
investments accounted for using the equity method | 346 | 347 | 0 |
Deferred income tax assets | 30 810 | 42 582 | 42 516 |
Long-term prepayments | 2 532 | 2 869 | 1 970 |
Total fixed assets | 623 940 | 660 708 | 635 174 |
inventory | 265 978 | 272 149 | 275 916 |
Trade receivables | 229 572 | 194 730 | 240 389 |
Other short-term receivables | 16 682 | 22 209 | 14 898 |
income tax receivables | 3 295 | 2 321 | 3 974 |
contract assets | 38 | 43 | 43 |
Prepayments | 8 579 | 3 180 | 7 423 |
Financial assets | 1 001 | 3 728 | 578 |
cash | 81 827 | 45 587 | 72 645 |
Assets classified as held for sale | 280 | 97 | 669 |
Total current assets | 607 252 | 544 044 | 616 535 |
TOTAL ASSETS | 1 231 191 | 1 204 752 | 1 251 709 |
Share capital | 5 376 | 5 376 | 5 376 |
Own Shares | -37 463 | -40 173 | -40 173 |
capital from the valuation of the incentive program | 3 421 | 1 347 | 1 831 |
capital from the valuation of the investment contract options | -50 241 | 0 | 0 |
Reserve capital for the share buyback program | 49 230 | 49 230 | 49 230 |
Statutory reserve capital | 1 792 | 1 792 | 1 792 |
Retained profits | 598 226 | 579 938 | 573 369 |
Exchange rate differences | -15 352 | -16 135 | -15 283 |
Total equity of the Parent company | 554 989 | 581 375 | 576 142 |
Non-controlling interests | 30 213 | 5 172 | 4 901 |
Overall equity of the Parent company and non-controlling interests | 585 202 | 586 547 | 581 043 |
credits and debt securities | 268 676 | 273 876 | 239 174 |
Long-term provisions for employee benefits | 17 563 | 19 135 | 20 302 |
Deferred income | 10 021 | 10 322 | 11 024 |
Provision for deferred tax | 14 265 | 14 989 | 15 666 |
Long-term liabilities | 422 | 357 | 275 |
Financial liabilities due to leasing | 16 862 | 20 627 | 21 917 |
Financial liabilities due to option valuation | 50 241 | 0 | 0 |
Total long-term liabilities | 378 050 | 339 306 | 308 358 |
credits and debt securities | 37 530 | 43 313 | 74 187 |
Trade liabilities | 122 724 | 109 574 | 126 606 |
Other financial liabilities | 39 | 1 652 | 56 |
Financial liabilities due to leasing | 6 090 | 7 118 | 6 078 |
Other short-term liabilities | 39 967 | 42 265 | 68 333 |
income tax liabilities | 1 330 | 290 | 1 435 |
contractual liabilities | 12 293 | 14 035 | 11 657 |
Deferred income | 585 | 1 033 | 771 |
Short-term provisions for employee benefits | 39 240 | 48 344 | 60 106 |
Other short-term provisions | 7 863 | 11 178 | 12 410 |
Liabilities classified as held for sale | 280 | 97 | 669 |
Total short-term liabilities | 267 939 | 278 899 | 362 308 |
TOTAL LiABiLiTiES | 1 231 191 | 1 204 752 | 1 251 709 |
01/07/2025 | 01/01/2025 | 01/07/2024 | 01/01/2024 | |
Specification 30/09/2025 | 30/09/2025 | 30/09/2024 | 30/09/2024 | |
unaudited | unaudited | unaudited | unaudited | |
Sales revenues | 365 885 | 1 112 694 | 374 705 | 1 112 172 |
Prime costs of the sale | 288 725 | 877 291 | 292 664 | 882 041 |
Gross profit (loss) on sales | 77 160 | 235 403 | 82 041 | 230 131 |
Selling costs | 11 153 | 33 617 | 10 673 | 31 804 |
General and administrative costs | 46 581 | 152 356 | 50 682 | 143 131 |
Other operating revenues | 942 | 3 338 | 999 | 4 776 |
Other operating expenses | 605 | 2 234 | 560 | 2 895 |
Profit/loss on operating activity | 19 763 | 50 534 | 21 125 | 57 077 |
Loss (gain) due to impairment (reversal of losses) on trade and other | -227 | 410 | 54 | 1 425 |
Financial revenues | 3 513 | 11 283 | 3 802 | 7 591 |
Financial expenses | 6 571 | 15 984 | 3 032 | 13 068 |
Gross profit/loss (before taxation) | 16 932 | 45 423 | 21 841 | 50 175 |
Income tax | 5 924 | 13 562 | 298 | 1 432 |
Net result on continuing operations | 11 008 | 31 861 | 21 544 | 48 743 |
Net result on discontinued operations | 89 | -129 | -44 | 235 |
Net result | 11 097 | 31 732 | 21 500 | 48 978 |
attributable to: shareholders of the parent company | 10 319 | 29 981 | 20 966 | 48 357 |
on continuing operations | 10 246 | 30 085 | 21 030 | 48 131 |
on discontinued operations | 73 | -104 | -64 | 226 |
non-controlling shareholders | 778 | 1 751 | 534 | 621 |
on continuing operations | 762 | 1 776 | 513 | 613 |
on discontinued operations | 16 | -25 | 21 | 8 |
Weighted average number of shares | 25 014 632 | 24 880 906 | ||
Earnings per share on continuing operations | 1,20 | 1,93 | ||
Earnings per share | 1,20 | 1,94 | ||
Diluted weighted average shares | 26 881 922 | 25 662 996 | ||
Diluted earnings per share on continuing operations | 1,12 | 1,88 | ||
Diluted earnings per share | 1,12 | 1,88 | ||
Specification | For the period from 01/01 to 30/09 2025 2024 unaudited unaudited | ||
Net profit | 31 732 | 48 978 | |
Total adjustments for: | 68 062 | 38 714 | |
Depreciation | 61 792 | 54 884 |
Net foreign exchange rate profit and loss | -149 | -4 970 |
Net interest and dividends | 8 245 | 9 855 |
Income tax on profit before tax | 2 713 | 2 854 |
Profit (loss) on investment activities | 1 127 | -756 |
Change in provisions | -14 716 | -13 923 |
Change in inventory | 6 171 | 12 607 |
Change in receivables | -29 459 | -17 496 |
Change in liabilities | 21 481 | -3 104 |
Change in prepayments and deferred income | 5 961 | -6 069 |
Other adjustments | 7 747 | 8 679 |
Income tax paid | -2 714 | -3 613 |
Cash from discontinued operations | -136 | -234 |
Net cash flows from operating activity | 99 793 | 87 692 |
Inflows from sale of fixed assets and intangible and legal assets | 578 | 154 |
Purchase of fixed assets and intangible and legal assets | -55 832 | -70 953 |
Other investment cash flows | -54 | 982 |
Outflows for financial assets | 0 | -164 136 |
Income from financial assets | 52 996 | 1 365 |
Income from repayment of loans | 0 | 2 361 |
Income from repayment of interest on loans | 0 | 594 |
Net cash from investing activities | -2 312 | -229 633 |
Change in the balance of credits | 0 | 136 015 |
Loans repayment | -10 418 | 0 |
Paid interest | -9 799 | -10 602 |
Acquisition of own shares | 0 | -32 308 |
Inflows from the implementation of the incentive program | 2 710 | 3 365 |
Financial expenditure on lease | -6 008 | -3 987 |
Dividends paid to owners | -37 755 | 0 |
Other revenues/expenses | 50 | -855 |
Net cash flows from financing activity | -61 220 | 91 628 |
Change in cash and cash equivalents | 36 261 | -50 313 |
Net exchange differences in cash and cash equivalents | -19 | -27 |
Opening balance of cash | 45 585 | 122 985 |
Net change in cash | 36 242 | -50 340 |
Closing balance of cash | 81 827 | 72 645 |
including of limited disposability | 100 | 17 |
30.09.2025 | As at 31.12.2024 | 30.09.2024 | ||
(unaudited) | (unaudited) | |||
Tangible fixed assets | 330 066 | 344 736 | 314 404 | |
Intangible assets | 4 764 | 8 552 | 7 878 | |
Other long-term accounts receivable | 2 735 | 3 078 | 3 413 | |
Contract assets | 1 017 | 1 219 | 1 347 | |
Shares | 211 888 | 211 888 | 270 031 | |
Financial assets | 57 923 | 50 469 | 44 595 | |
Deferred income tax assets | 23 677 | 35 127 | 34 705 | |
Long-term active prepayments and accrued income | 829 | 762 | 855 | |
Total fixed assets | 632 899 | 655 831 | 677 228 | |
Stocks | 127 534 | 138 937 | 138 744 | |
Trade accounts receivable | 173 285 | 148 216 | 186 075 | |
Other short-term accounts receivable | 14 821 | 11 730 | 17 405 | |
Contract assets | 37 | 43 | 43 | |
Active prepayments and accrued income | 4 203 | 2 183 | 3 635 | |
Financial assets | 2 364 | 58 780 | 7 644 | |
Cash and cash equivalents | 59 319 | 24 954 | 43 194 | |
Total current assets | 381 563 | 384 843 | 396 740 | |
TOTAL ASSETS | 1 014 462 | 1 040 674 | 1 073 968 | |
Share capital | 5 376 | 5 376 | 5 376 | |
Own Shares | -37 463 | -40 173 | -40 173 | |
Statutory reserve capital | 1 792 | 1 792 | 1 792 | |
Capital from the valuation of the incentive program | 3 422 | 1 347 | 1 831 | |
Reserve capital for the share buyback program | 49 230 | 49 230 | 49 230 | |
Retained profit | 580 662 | 590 584 | 588 383 | |
Total shareholders' equity | 603 019 | 608 156 | 606 439 | |
Credits | 256 146 | 262 142 | 224 522 | |
Long-term provisions | 12 627 | 13 364 | 14 611 | |
Financial liabilities due to leasing | 9 687 | 12 403 | 12 445 | |
Financial liabilities due to option valuation | 9 364 | 0 | 0 | |
Income from future periods | 26 | 27 | 28 | |
Total long-term liabilities | 287 850 | 287 936 | 251 606 | |
Credits and debt securities | 17 977 | 17 992 | 52 203 | |
Trade liabilities | 63 140 | 59 542 | 67 453 | |
Other financial liabilities | 19 | 1 653 | ||
Financial liabilities | 2 652 | 2 834 | 44 944 | |
Other short-term liabilities | 12 984 | 24 732 | 0 | |
Income tax liabilities | 3 | 2 | 3 774 | |
Liabilities related to the contract | 4 326 | 4 155 | 54 | |
Income from future periods | 60 | 3 | 44 630 | |
Provisions | 22 432 | 33 669 | 215 923 | |
Total short-term liabilities | 123 593 | 144 582 | ADR! | |
TOTAL LIABILITIES | 1 014 462 | 1 040 674 | 1 073 968 |
01.07.2025 | 01.01.2025 | 01.07.2024 | 01.01.2024 | |
30.09.2025 | 30.09.2025 | 30.09.2024 | 30.09.2024 | |
(unaudited) | (unaudited) | (unaudited) | (unaudited) | |
Sales revenue | 213 878 | 652 667 | 229 256 | 718 387 |
Costs of the sales | 177 802 | 539 711 | 189 504 | 594 609 |
Gross profit on sales | 36 076 | 112 956 | 39 752 | 123 778 |
Selling costs | 3 739 | 10 984 | 3 280 | 9 938 |
General and administrative costs | 17 489 | 64 239 | 21 440 | 66 512 |
Core business result | 14 848 | 37 733 | 15 032 | 47 328 |
Other operating revenues | 1 541 | 2 307 | 250 | 2 983 |
Other operating expenses | 285 | 794 | 251 | 2 145 |
Operating result | 16 104 | 39 246 | 15 031 | 48 166 |
Loss (reversal of losses) due to impairment on trade and other -863 187 384 1 929 | ||||
receivables in accordance with IFRS 9 | ||||
Interest revenues | 1 180 | 3 526 | 2 008 | 5 381 |
Financial revenues | 1 140 | 17 314 | 11 792 | 15 227 |
Financial expenses | 4 165 | 20 873 | 2 716 | 10 232 |
Pre-tax profit | 15 122 | 39 026 | 25 731 | 56 613 |
Income tax | 5 008 | 11 395 | -480 | 332 |
current | 17 | 65 | -217 | 36 |
deferred | 2 042 | 2 711 | 2 065 | 3 000 |
deferred (activities in Polish Investment Zone) | 2 949 | 8 619 | -2 328 | -2 704 |
Net profit | 10 114 | 27 631 | 26 211 | 56 281 |
Weighted-average number of shares | 25 014 632 | 24 880 906 | ||
Earnings per share | 1,10 | 2,26 | ||
Weighted-average diluted number of shares | 26 881 922 | 25 662 996 | ||
Diluted earnings per share | 1,03 | 2,19 | ||
For the period from 01.01 to 30.09 | ||||
2025 | 2024 | |||
(unaudited) | (unaudited) | |||
Net profit | 27 631 | 56 281 | ||
Total adjustments: | 50 006 | 1 875 | ||
− Depreciation | 41 946 | 38 478 | ||
− Net foreign exchange (gains) losses | -360 | -3 972 | ||
− Net interest and dividends | -5 510 | -5 353 | ||
− Income tax on profit before taxation | 65 | 36 | ||
− (Profit) losses from investing activities | 10 112 | -727 | ||
− Change in provisions | -11 975 | -12 905 | ||
− Change in stocks | 11 404 | 11 347 | ||
− Change in accounts receivable | -19 046 | -19 745 | ||
− Change in liabilities | 8 186 | -8 976 | ||
− Change in active prepayments and accrued income | 9 420 | -2 187 | ||
− Other adjustments | 5 849 | 8 529 | ||
− Income tax paid | -85 | -2 650 | ||
Net cash from operating activities | 77 637 | 58 156 | ||
Income from sales of tangible and intangible fixed assets | 181 | 26 | ||
Income from financial assets | 54 772 | 4 677 | ||
Income from repayment of loans | 1 106 | 3 585 | ||
Income from repayment of interest on loans | 573 | 1 439 | ||
Acquisition of tangible and intangible fixed assets | -43 540 | -55 759 | ||
Acquisition of the CO2 emission rights | 0 | -6 316 | ||
Outflows for financial assets | 0 | -178 118 | ||
Expenses/receipts. deposits over 3 months | 0 | 1 722 | ||
Outflows from loans granted | -7 155 | 0 | ||
Net cash from investing activities | 5 937 | -228 744 | ||
Repayment of credits | -5 445 | 146 739 | ||
Acquisition of own shares | 0 | -32 308 | ||
Inflows from the implementation of the incentive program | 2 710 | 3 365 | ||
Interest paid | -6 863 | -8 765 | ||
Dividend paid | -37 755 | 0 | ||
Financial expenses (leasing) | -1 944 | -1 791 | ||
Net cash from financing activities | -49 297 | 107 240 | ||
Change in cash | 34 277 | -63 348 | ||
Change in cash resulting from foreign exchange differences | 88 | -2 | ||
Cash at beginning of period | 24 954 | 106 544 | ||
Change in net cash | 34 365 | -63 350 | ||
Cash at end of period | 59 319 | 43 194 | ||
including restricted cash | 59 | 17 | ||