Profil:
Selena FM SASelena construction chemicals posts PLN 93.6 mln net profit, PLN 185.9 mln EBITDA after Q3
Listed construction chemicals manufacturer and distributor Selena posted a PLN 93.6 million (EUR 22.15 mln) attributable net profit in the three quarters of 2025, up from a PLN 69.1 million (EUR 16.35 mln) net take in the prior year period, the group's financial report has shown. Selena's EBITDA rose to PLN 185.9 million (EUR 44 mln) from PLN 155.8 million (EUR 36.9 mln) in the prior year period.
In the three quarters of 2025, Selena's operating profit amounted to PLN 149.7 million (EUR 35.4 mln), up from PLN 123.1 million (EUR 29.1 mln) in the prior year period.
Revenues from contracts with customers totalled PLN 1.36 billion (EUR 321.8 mln), which is the level comparable to the previous year.
The group's gross sales margin amounted to 34.9 percent against 34.2 percent in the first three quarters of 2024. As reported, this growth was the result of a steady increase in the share of sales of innovative products
with higher margins and consistent cost optimisation.
"We put a lot of effort into systematically reducing costs, aided by the growing capabilities of analytical tools. This results in faster business decision-making. We are also constantly optimising production costs by working on improving the utilisation of production capacity," said Selena's CEO Slawomir Majchrowski, quoted in a press release following the report.
"At the same time, we are shifting our sales structure towards higher-margin products. We are also continuing to work hard on integrating and simplifying processes across the entire group, especially back-office processes, which allows for better use of resources," he added.
CFO Aleksander Solski pointed out that, contrary to appearances, economic downturns are an opportunity to look closely at and analyse the economic situation - to identify underestimated areas, product niches or geographical markets that may gain in importance.
In the opinion of the management board, one of the most promising sectors is thermal modernisation.
"As the Selena group, we recognised this trend several years ago, which is reflected in our investment policy. An example of this is this year's most important transaction, which is a concentration consisting of the acquisition of a controlling stake in Izolacja – Jarocin and the acquisition of a 100 percent stake in PHP TES," CEO Majchrowski said.
He also listed the acquisition of the Portuguese bituminous roofing felt manufacturer Imperalum in 2023, and the launch of a glass wool factory in the Hungarian city of Szerencs, in cooperation with Masterplast.
Selena is a manufacturer and distributor of construction chemicals and one of the world's largest producers of assembly foams for the construction industry.
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