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Elektrotim SAElektrotim with PLN 748 mln backlog at end-April; new strategy planned for Q4 2025
Listed electrical systems group Elektrotim's backlog at the end of April 2025 was PLN 748 million (EUR 175.9 mln). In 2025, orders worth PLN 507 million (EUR 119.3 mln) are to be performed, with the remaining PLN 241 million (EUR 56.7 mln) planned for 2026-2027, Elektrotim said in a press release. The group plans to present its new strategy for 2026-2030 in the fourth quarter of 2025.
As stated, in January-April 2025, new contracts worth a total of PLN 287 million (EUR 67.5 mln) were secured, with an additional PLN 70 million (EUR 16.5 mln) attributable to contracts in which the company's offer was selected as the most favourable.
In the first quarter of 2025, Elektrotim generated PLN 91 million (EUR 21.4 mln) in revenue, up 47 percent year on year. Net profit amounted to PLN 4.3 million (EUR 1 mln), down 10 percent year on year, while EBITDA stood at PLN 6.9 million (EUR 1.6 mln), down 15 percent year on year.
"We have a very busy year ahead of us - with a record backlog in excess of PLN 748 million, of which more than PLN 500 million is due for completion in 2025," said the group's CEO Maciej Posadzy, quoted in the press release.
"We are currently preparing a new strategy that will address, among others, the growing needs of energy transformation, critical infrastructure protection and digitisation," he added.
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