Revolution in Energoinstal’s processes boosts stock price
19:32
Energoinstal shares rose 21.89% on November 9 after the energy and industrial construction company announced plans to shift toward technical and engineering consulting. The company intends to gradually scale back or suspend capital-intensive activities, including general contracting and heavy construction manufacturing, while developing materials analysis, industrial diagnostics and laser technology services. It also plans to introduce a new operating brand and change its corporate name. Management said the shift would focus resources on higher-margin activities with recurring orders and stable cash flows.
Energoinstal Group reported revenue of PLN 30.6 mln and a net loss of PLN 4.4 mln for the first nine months of 2026, compared with a PLN 3.4 mln profit a year earlier.
(wnp.pl)