Profil:
Grodno SAGrodno lighting estimates PLN 100.7 mln in sales revenue in April, up 16 pct y/y
Poland's leading distributor of electrical and lighting products Grodno estimates that it had PLN 100.7 million (EUR 23.55 mln) in sales revenue in April, against PLN 87.1 million (EUR 20.37 mln) in the prior year period, which translates into an increase of 16 percent year on year, the company said in a market filing.
The group estimates that sales in the RES segment in April grew by 40 percent year on year to PLN 34.9 million (EUR 8.16 mln). The e-commerce channel, on the other hand, increased turnover by 8 percent year on year to PLN 13.7 million (EUR 3.2 mln).
Grodno reported, that the increase in revenue of the RES segment in April 2025 was related to higher sales in the area of large-scale photovoltaics.
However, the RES segment remained under pressure from low demand and lower year-on-year prices for photovoltaic modules in the global market, with a stabilisation of prices for these components observed in recent months.
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