PCC Rokit (PCR) Q2 2026 earnings summary

Executive summary

• Net profit for 1H2026 reached 79.3 mln PLN, an increase of 861% year-over-year, driven by improved operational results, lower financing costs, and higher results from associates.

• EBITDA for 1H2026 rose by 51% to 178.9 mln PLN, with all business segments improving, especially Polyurethanes.

• Revenues for 1H2026 slightly decreased by 1.4% year-over-year to 944.5 mln PLN, mainly due to a decline in Chlorine Derivatives.

• The Group maintained resilience through diversified operations, broad product offerings, and a wide customer base.

• Dividend of 2.65 PLN per share was paid, continuing an uninterrupted 12-year dividend history.

Financial highlights

• Consolidated revenues for 1H2026: 944.5 mln PLN (down 1.4% year-over-year).

• Net profit for 1H2026: 79.3 mln PLN (up from 8.2 mln PLN in 1H2025).

• EBITDA for 1H2026: 178.9 mln PLN (up from 118.3 mln PLN in 1H2025).

• Operating profit for 1H2026: 103.0 mln PLN (+162.8% y/y).

• ROA improved to 3.3%, ROE to 5.7%, and EBITDA margin to 18.9%.

Outlook and guidance

• Market volatility persists due to the Middle East conflict, impacting raw material and energy prices.

• Uncertain demand recovery expected in the autumn season, especially in Polyurethanes.

• Legislative changes may expand eligibility for energy compensation, potentially benefiting more installations.

• The Group expects continued operational cash flow to cover investments and debt service.

• External factors such as geopolitical tensions, energy prices, and regulatory changes may impact future performance.