Amica (AMC) Q4 2025 earnings summary

Executive summary

• Achieved PLN 2.41 billion in revenue in 2025, with 63.9% of sales outside Poland and presence in 62 countries.

• Implemented the 'Back to Profitability' strategy, focusing on core business, cost optimization, and restructuring, resulting in improved profitability and financial stability despite challenging market conditions.

• Maintained leadership in the Polish large household appliances market, increasing market share and controlling nearly 50% of the freestanding cooker segment.

• Significant progress in digital transformation, including SAP S/4HANA rollout and enhanced customer experience systems.

• Updated ESG strategy with targets through 2040, integrating environmental, social, and governance goals with business objectives.

Financial highlights

• Revenue decreased by 6.3% year-over-year to PLN 2,411 million, mainly due to lower demand in key European markets and business model changes in Russia.

• Gross profit margin increased to 28% from 27% year-over-year.

• EBITDA margin rose to 5.6% from 4.9% year-over-year; EBITDA reached PLN 134.4 million, up 7.2%.

• Net profit increased by 32.6% year-over-year to PLN 17.5 million.

• Net debt/EBITDA ratio improved to 0.44, the lowest in five years.

• Dividend payout of PLN 15.3 million (PLN 2.00 per share) in June 2025.

Outlook and guidance

• Strategic focus on increasing own production by 65% and achieving profitability in Western European subsidiaries by 2026.

• Plans for further geographic expansion in Central Asia and the Caucasus, and continued investment in R&D, especially in induction cooktops and ovens.

• Ongoing digital transformation and planned construction of a photovoltaic farm to enhance energy stability.