Profil:
Erbud SAErbud builder expects slight y/y increase in revenue in 2025
Listed builder Erbud's backlog at the end of 2024 had a value of around PLN 3.8 billion (EUR 911.62 mln), which makes it possible for the group to assume that it will see a slight year-on-year increase in revenues this year, CEO Dariusz Grzeszczak told a conference.
"We had PLN 3.8 billion in the backlog at the end of the year. This allows us to assume that revenues in 2025 could be slightly higher than in 2024," CEO Grzeszczak said.
In 2024, Erbud generated PLN 2.979 billion (EUR 714.66 mln) in revenue, against PLN 3.234 billion (EUR 775.84 mln) in 2023, down 7.9 percent year on year.
The order backlog at the end of 2024 was around PLN 3.8 billion (EUR 911.62 mln), of which PLN 961 million (EUR 230.54 mln) was attributable to Erbud's subsidiary, Onde. In 2023, the backlog was approximately PLN 3.4 billion (EUR 815.66 mln).
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