Profil:
Grodno SAGrodno lightning aims at 5 pct EBITDA in 2025, PLN 2 bln revenue by 2026
Poland's leading distributor of electrical and lighting articles Grodno aims for an EBITDA margin of 5 percent in 2025 and an increase in revenue to PLN 2 billion (EUR 479.4 mln) by 2026, CEO Andrzej Jurczak told a conference. The group added that it does not plan any major investments in the near future.
Grodno's CFO Pawel Siwek said that in the next quarters, the group will aim to maximise the level of EBITDA profitability.
"The management's target is an EBITDA of 5 percent," CEO Andrzej Jurczak added.
When asked about the level of revenue until 2026, the CEO said that the group's target is PLN 2 billion (EUR 479.4 mln).
"In terms of revenue, the target for us is PLN 2 billion. Whereas today the most important thing for us is the 5 percent EBITDA level," Jurczak stressed.
The deputy CEO Marcin Gardas added that the results are still realistic this year.
CEO Siwek reported that the group is not planning any large investments.
"For the near future, we do not expect any large (...) planned investments apart from, of course, such typically restorative and completion works that have already started," he said.
mbi/ ao/ han/