Decora (DCR) Q1 2025 earnings summary

Executive summary

• Net sales for Q1 2025 reached PLN 170.4 million, up 16.9% year-over-year, with net profit at PLN 20.1 million, down 10.6% from Q1 2024.

• EBITDA for Q1 2025 was PLN 32.0 million, nearly flat compared to PLN 32.9 million in Q1 2024.

• The group maintained a strong equity position, with equity attributable to shareholders at PLN 373.1 million as of March 31, 2025.

Financial highlights

• Gross margin improved to PLN 69.7 million from PLN 60.7 million year-over-year.

• Operating profit was PLN 25.7 million, a decrease from PLN 27.5 million in Q1 2024.

• Net cash from operating activities was PLN 26.7 million, up from PLN 8.3 million in Q1 2024.

• Net cash flow for the quarter was PLN 12.3 million, compared to a negative PLN 0.1 million in Q1 2024.

• Total assets increased to PLN 522.1 million from PLN 484.8 million year-over-year.

Outlook and guidance

• No official financial forecasts for 2025 were published.

• Management highlights external risks such as macroeconomic conditions, currency fluctuations, and supply chain disruptions as key factors for future performance.