17:17 2 November 2026
Grodno Group uses AI to get ahead of competition
Electrical equipment distributor Grodno is expanding its use of AI and logistics automation as it targets a rise in market share from about 10% to 20% through organic growth and acquisitions. The group reported revenue of PLN 1.22 bln and EBITDA of PLN 32 mln for fiscal 2025/26. Management targets approximately PLN 1.5 bln in revenue this fiscal year and PLN 2 bln by 2029/30, alongside a 5% EBITDA margin and PLN 100 mln in EBITDA. CEO Andrzej Jurczak believes the targets could be exceeded.
However, BOŚ analyst Maciej Wewiórski says margins need improvement and doubts the 5% target can be sustained over the long term.
(pb.pl)
