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Budimex SAUPDATE; Budimex expects to increase revenues in 2025
Listed builder Budimex expects to increase revenues in 2025 and wants to return to the growth trend in the following years, CEO Artur Popko told a conference summarising the group's financial results for the last year. According to the CEO, exceeding PLN 10 billion (EUR 2.4 bln) of revenue in 2025 is rather unlikely.
"We expect to increase revenues this year and want to return to the growth trend in the following years. This is evidenced by our portfolio of PLN 18 billion," Popko said.
In the presentation, Budimex said that in 2025 the growth in revenue with the prospect of stable margins are planned.
In 2024, the group recorded PLN 9.1 billion (EUR 2.2 bln) revenue against PLN 9.8 billion (EUR 2.3 bln) a year earlier.
"This year will be a few percent revenue growth. In future years, it will depend on various factors, but we want to return to stable growth. The last few years have been 6-10 percent growth," Budimex's CEO said.
When asked about the possibility of exceeding the PLN 10 billion (EUR 2.4 bln) revenue level in 2025, Popko assessed that it was unlikely.
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