Decora (DCR) Q2 2025 earnings summary

Executive summary

• Net sales for H1 2025 reached PLN 325.5 million, up 10.5% year-over-year, with net profit at PLN 38.7 million, down 13.2% year-over-year.

• EBITDA for H1 2025 was PLN 61.8 million, a decrease from PLN 66.1 million in H1 2024.

• The group continued to expand its product portfolio, launching new waterproof wall panels (MODEE) in 2025.

Financial highlights

• Gross margin for H1 2025 was 40.8%, slightly down from 42.4% in H1 2024.

• Operating profit (EBIT) for H1 2025 was PLN 49.2 million, down from PLN 55.0 million year-over-year.

• Net cash from operating activities increased to PLN 58.4 million from PLN 39.7 million year-over-year.

• Dividend of PLN 42.2 million (PLN 4.00 per share) was paid in June 2025.

Outlook and guidance

• Management highlights macroeconomic and geopolitical risks, including demand fluctuations, supply chain disruptions, and currency volatility.

• No official financial guidance for 2025 was published.