)
Edge17 Oct 2025
A Castle in the Sky: The Story of Oracle
Oracle's journey from database innovator to disciplined enterprise backbone, now shaping the AI buildout with a standardized cloud infrastructure.
Jastrzebska Spólka Weglowa (JSW) investor relations material
Jastrzebska Spólka Weglowa Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary29 Sep, 2025
Executive summary
H1 2025 saw a significant year-over-year decline in revenue and profitability, with net losses and negative EBITDA, though both improved sequentially from Q1 2025; operational improvements and higher production volumes were offset by persistent market headwinds and lower prices.
Strategic transformation initiatives, including efficiency programs and CapEx optimization, are underway to stabilize finances and improve productivity, with identified savings and cost controls.
The company faced challenging market conditions, with lower global coal and coke prices, production disruptions due to mine incidents, and ongoing regulatory and liquidity risks.
Financial highlights
H1 2025 sales revenues were PLN 4,714.8m–5,662.0m, down 23.7%–28.3% year-over-year; net loss for H1 2025 was PLN 1,798.0m, a substantial improvement from PLN 5,349.9m in H1 2024.
EBITDA remained negative, with Q2 2025 net loss at PLN (712.0)m, an improvement from Q1 2025; non-recurring events in Q2 2025 impacted EBITDA by PLN 45.9m.
Coal production in Q2 2025 rose 16.7% over Q1; coke production up 0.5% sequentially but down year-over-year.
Cash and cash equivalents at June 30, 2025, were PLN 629.4m–677.4m, down from earlier periods; net cash flows from operating activities were negative PLN 1,345.0m in H1 2025.
Coal inventories increased by 30% over Q1, reflecting production mix changes and extraordinary events.
Outlook and guidance
Management is preparing business plans for 2026, targeting a run rate of 15M tons, but acknowledges production losses from recent one-off events and mine incidents.
Liquidity is projected to be maintained until September 2026 if planned measures are implemented, but significant uncertainty remains due to reliance on third-party decisions.
CapEx will remain optimized, focusing on safety and future mining capacity, with details pending finalization of the financial model for 2025–2030.
Efforts to recover a significant windfall tax and secure liquidity are ongoing, with support from state ministries.
Failure to implement liquidity measures could result in loss of liquidity as early as March 2026.
Liquidity plan: What are the key dependencies?
Impact of market and mine incidents on sales?
CAPEX strategy given liquidity constraints?
Liquidity plan post-investment fund depletion?
Strategy to improve cost competitiveness, labor costs?
Impact of one-offs on 2026 production targets?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Jastrzebska Spólka Weglowa earnings date
Q3 202526 Nov, 2025
Next Jastrzebska Spólka Weglowa earnings date
Q3 202526 Nov, 2025
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
Related articles
)
Company Research17 Oct 2025
Beneath the Surface: A Conversation with Epiroc CEO Helena Hedblom
Legacy, innovation, and leading one of Sweden's most influential industrial companies into a new era.
)
Investor Relations14 Oct 2025
Boost Your Earnings Season Strategy With Real‑Time Alerts
Quartr Pro provides real time alerts, trend analysis and live coverage, giving analysts and investors instant insights to act faster in earnings.
Frequently asked questions
Jastrzębska Spółka Węglowa S.A. (JSW) is a leading Polish company primarily involved in the mining and production of coking coal and coke, which are essential components in steel manufacturing. The company operates in two main sectors: the extraction and sale of black coal, particularly high-quality hard coking coal, and the production and sale of coke and coal derivatives. In addition to its core operations, JSW is also engaged in the mining of natural gas and the generation, transmission, and distribution of electricity. The company is headquartered in Jastrzębie-Zdrój, Poland, and its shares are listed on the Warsaw Stock Exchange.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage