CSR

Results Center

Results Center

ANNUAL REPORT

2023


We invite you to download the annual report of TORPOL S.A. and Capital Group TORPOL for 2023

Stock quote

Stock quote

Current course: 2024-06-14

34.75 PLN

Previous course: 34.80 PLN

Change: -0.05 PLN (-0.14 %)

Key Financial Information

0

MLN PLN

Net revenues 2023

0

MLN PLN

EBIT 2023

0

MLN PLN

EBITDA 2023

0

MLN PLN

Net profit 2023

Sales structure

The main segment of the Group’s operations is the provision of comprehensive services in the field of railway infrastructure construction, which accounts for approx. 65,6% of sales revenue in 2023 (approx. 83,8% in 2022). The main recipient of services in this area is PKP PLK [Polish State Railways], an entity responsible by law for railway infrastructure management in Poland. In 2023, sales to PKP PLK amounted to approximately PLN 0,61 billion, which represented approximately 55,8% of total sales (in 2022 respectively – PLN 0,83 billion, approx. 77,1% of total sales).

 

Below, we present selected financial data from the profit and loss account in 2019-2023.

Year (in MLN PLN) 2019 2020 2021 2022 2023
Revenue 1 604 420 1 392 203 1 121 424 1 084 818 1 092 204
Gross profit 75 376 99 889 145 459 259 322 158 004
Gross profit margin (%) 4,7% 7,2% 13% 24% 14,5%
Operating profit 42 895 63 629 105 143 220 590 113 915
Operating profit margin (%) 2,7% 4,6% 9,4% 20,3% 10,4%
Net profit from continuing operations 29 146 48 587 77 102 183 852 102 019
Net profit margin (%) 1,8% 3,5% 6,9% 17% 9,3%
EBITDA 65 186 86 429 127 343 244 841 138 664
EBITDA margin (%) 4,1% 6,2% 11,4% 22,6% 12,7%

Below, we present selected financial data from the balance sheet in 2019-2023.

Year (in MLN PLN) 2019 2020 2021 2022 2023
Fixed assets 206 969 228 219 256 010 220 548 228 982
Current assets 1 076 729 815 497 702 947 807 924 906 003
Cash 200 855 404 910 431 881 492 841 516 010
Equity 222 859 250 667 292 159 407 518 509 152
Long-term liabilities 117 059 103 070 112 101 119 425 102 021
Short-term liabilities 943 780 689 979 554 697 501 529 523 812
Total equity and liabilities 1 283 698 1 043 716 958 957 1 028 472 1 134 985

Below, we present selected financial data from cash flows in 2019-2023.

Year (in MLN PLN) 2019 2020 2021 2022 2023
Net cash from operating activities 178 775 289 322 134 434 171 863 46 964
Depreciation and amortisation 22 291 22 800 22 200 24 251 24 749
Net cash from investing activities -19 906 -8 372 -8 225 -2 549 -1 140
Net cash from financing activities 8 044 -76 895 -99 238 -108 354 -25 971

Contact Investor Relations

 

Łukasz Sychowski


phone. +48 61 87 82 793

fax. +48 61 87 82 790

mail: l.sychowski@torpol.pl