Auto Partner (APR) investor relations material

Executive summary

• Revenue grew 9% year-over-year to PLN 1,170.0 million in Q1 2026, with export sales up 13.4% and domestic sales up 4.5%.

• Net profit increased 58.3% year-over-year to PLN 62.1 million, driven by improved gross margin and cost discipline.

• Gross margin rose to 27.8% from 25.4% year-over-year, supported by favorable EUR/PLN exchange rates and easing deflationary trends.

• Continued international expansion, with exports accounting for over 51% of total revenue.

• Zgorzelec logistics center launch increased operating expenses but enhanced warehousing efficiency and future growth capacity.

Financial highlights

• Revenue: PLN 1,170.0 million (Q1 2026) vs. PLN 1,073.3 million (Q1 2025).

• EBITDA rose 47.2% to PLN 104.6 million; EBIT up 56% to PLN 88.1 million.

• Net profit: PLN 62.1 million (Q1 2026) vs. PLN 39.2 million (Q1 2025).

• Gross margin improved to 27.8% from 25.4% in Q1 2025.

• Earnings per share: PLN 0.48 (Q1 2026) vs. PLN 0.30 (Q1 2025).

Outlook and guidance

• Management expects continued growth, focusing on expanding business scale, product diversification, and new markets.

• Distribution centre in Zgorzelec expected to reach full operational readiness by end of H1 2026.

• Plans for major expansion of the proprietary MaXserwis workshop network in 2026.

• Key factors for future performance include the new logistics center, inflation, and currency exchange rates.

• No forecasts for 2026 were published.