Profil:
MLP Group SAMLP Group developer posts PLN 121.9 mln net profit in Q2 2025
Listed warehouse developer MLP Group posted a PLN 121.9 million (EUR 28.6 mln) net profit in the second quarter of 2025, down from PLN 265.4 million (EUR 62.3 mln) in the prior year period, group's quarterly report has shown. According to PAP Biznes calculations, the company recorded an EBITDA profit of PLN 52.3 million (EUR 12.3 mln) against PLN 53.9 million (EUR 12.65 mln) reported in the first quarter.
In the second quarter of 2025, MLP Group's EBIT decreased to PLN 215.6 million (EUR 50.6 mln) from PLN 347.4 million.
In the first half of the year, the developer generated PLN 207.1 million (EUR 48.6 mln) in consolidated revenue, which represents a year-on-year increase of 10 percent. During this period, the group posted PLN 106.2 million (EUR 24.9 mln) in EBITDA (without revaluation), up 7 percent year on year.
"In the coming years, we plan to gradually transition from bank financing to Eurobond financing, which will allow us to increase the share of unencumbered assets in relation to assets financed by banks," said the group's CEO Radoslaw Krochta, quoted in the press release following the publication of report.
He added that the MLP Group's main direction of expansion remains development in the German and Austrian markets.
mcb/ ao/
