Bogdanka reports net profit over PLN 260 mln in ‘25

LW Bogdanka reported solid 2025 results, with net profit of about PLN 264 mln and revenues exceeding PLN 2.8 bln, despite a challenging market. Coal sales fell 5.6% y/y to 7.7 mln tonnes, while production also declined slightly.

The company maintained strong liquidity and a leading 30.4% share in supplying coal to Poland’s power sector. However, profitability was pressured by lower coal prices, weaker demand, and competition from cheap imports. EBITDA reached PLN 543 mln with a 19% margin, down from the previous year.

Most revenue came from domestic energy clients, though exports grew. Bogdanka plans higher investment in 2026 and expansion into renewable energy, including a photovoltaic project.

(pb.pl)