Grupa Kety (KTY) Q4 2025 earnings summary

Executive summary

• Achieved record sales of PLN 5,494 million in 2025, up 7% year-over-year, with 49% from foreign markets.

• EBITDA reached PLN 1,021 million (+10% y/y), net profit at PLN 568 million (+1% y/y), exceeding forecasts.

• Dividend payout of PLN 545 million (PLN 55.46/share), representing 97% of 2024 net profit.

• Integration of SELT sp. z o.o. into Aluprof S.A. completed, strengthening the Sun-shading Systems Segment.

• New 2025–2029 Strategy launched, targeting PLN 7.8 billion sales and PLN 1.35 billion EBITDA by 2029.

Financial highlights

• Sales: PLN 5,494 million (+7% y/y); EBITDA: PLN 1,021 million (+10% y/y); EBIT: PLN 784 million (+9% y/y).

• Net profit: PLN 568 million (+1% y/y); EPS: PLN 57.74.

• ROE: 28.4%; ROA: 13.6%; EBITDA margin: 18.6%.

• Net debt: PLN 1,372 million; net debt/EBITDA: 1.3.

• Cash flow from operations: PLN 937 million; capital expenditure: PLN 218 million.

Outlook and guidance

• 2026 forecast: sales PLN 5,889 million (+7%), EBITDA PLN 1,112 million (+9%), net profit PLN 636 million (+12%).

• Strategy 2025–2029: sales to reach PLN 7.8 billion, EBITDA PLN 1.35 billion, net profit PLN 782 million by 2029.

• Planned capex for 2026: PLN 314 million, focused on development projects in key segments.

• Dividend policy: payout of 60–100% of consolidated net profit, with 85% targeted annually.