Stable portfolio of orders and strong results for the TORPOL Group
The TORPOL Group completed the first half of 2025 with net sales revenue of PLN 853.1 million, representing a 52.8% increase compared to the same period in 2024. Gross profit on sales amounted to PLN 58.6 million, compared to PLN 49.2 million a year earlier, representing a 19.2% increase. Consolidated operating profit (EBIT) was PLN 34.9 million (+35.3% year-on-year), and net profit was PLN 30.5 million, compared to PLN 26 million a year earlier, representing a 17.3% year-on-year increase. The Group’s order backlog at the end of June 2025 amounted to PLN 3.15 billion net.
In the first half of 2025, the TORPOL Group consistently strengthened its market share in the railway segment. Despite a decline in average gross margin to 6.87% (compared to 8.80% in H1 2024), the increase in sales volumes and profits confirms the Group’s good condition and competitiveness in a demanding market. At the end of June 2025, the Group’s cash position amounted to PLN 345.8 million, indicating good financial liquidity and efficient contract management.
The published results demonstrate the TORPOL Group’s excellent financial condition and the effectiveness of our strategy. We maintain a high level of liquidity, consistently expand our portfolio of orders, and implement our investment plan. We are also optimistic about the coming quarters. The significant tender activity of PKP PLK and CPK, as well as planned government expenditure on rail, tram, and engineering infrastructure of over PLN 100 billion by 2030, open up broad growth prospects for us. TORPOL is well prepared – in terms of human resources, as well as technically and financially – to capitalize on these opportunities. – said Konrad Tuliński, the CEO of TORPOL S.A.
The most important market events in the first half of 2025 included the signing of contracts for the expansion of railway infrastructure on line No. 406 and the construction of the “Port Police” railway junction with PKP PLK and the Police Seaport Authority Sp. z o.o., worth approximately PLN 163.9 million net, and with METRANS (Polonia) Sp. z o.o. for the expansion of the intermodal container terminal in Gądki near Poznań, worth approximately PLN 70.4 million net.
TORPOL also shared its profits with shareholders. Of the company’s net profit of PLN 62.2 million generated in 2024, the amount allocated for dividend payments was PLN 31,009,500.00, or PLN 1.35 per share. The dividend record date was set for 4 July 2025, and the payment was made on 25 July 2025.