Unimot (UNT) Q4 2025 earnings summary

Executive summary

• Revenues increased by 4.9% year-over-year to PLN 14,805 million, with adjusted EBITDA up 15.9% to PLN 356.5 million and adjusted net profit rising 7.4% to PLN 114 million.

• Sales volumes grew across key segments: liquid fuels (+12.7%), LPG (+4.9%), natural gas (+30.8%), and electricity (+14.6%).

• Expansion in AVIA petrol stations to 147 locations, with non-fuel revenue up 8% and significant growth in fleet card sales.

Financial highlights

• Adjusted EBITDA margin improved by 0.2 percentage points to 2.9%.

• Adjusted EBITDA for 2025 was PLN 356.5 million, with significant positive adjustments from compulsory reserves and hedge accounting.

• Net operating cash flow reached PLN 384.6 million, while net investment and financing cash flows were negative.

• Total assets increased to PLN 3,643.9 million, with equity at PLN 1,067.6 million.

Outlook and guidance

• Strategic goals for 2028 include reaching PLN 690 million EBITDA, PLN 1 billion cumulative net profit, and 40% EBITDA share from transitional segments.

• Continued expansion in international markets, further development of renewable energy and logistics, and focus on long-term contracts and service innovation.