TORPOL’s Board recommends a record dividend for shareholders

The Management Board of TORPOL S.A. has recommended to the Ordinary General Meeting of Shareholders that the entire standalone net profit for 2025, i.e. approx. PLN 77.87 million, to be paid as dividend to the shareholders, while the amount of approximately PLN 767.38 thousand be allocated to the Company’s Employee Benefits Fund (ZFŚS). This would represent a dividend payment of PLN 3.39 per share and the first time in the Company’s history that 99% of annual profit will be allocated to dividends. The proposed amount is similar to the total value of dividends paid for 2023–2024, when TORPOL distributed nearly PLN 79.5 million to shareholders, i.e., a total of PLN 3.46 per share.

The Management Board’s recommendation exceeds the basic assumptions of Torpol’s dividend policy, according to which “the company aims to pay a dividend of 50% of standalone profit, taking into account market prospects and the current financial situation.” The decision to recommend the payment of the entire profit for 2025 is based on the Group’s very good liquidity position, strong market position, and stable operating situation.

We preceded our recommendation to pay a record dividend with a detailed analysis of its impact on the long-term position of the Torpol Group. At the end of 2025, the company had a very strong balance sheet – cash position accounted for 46% of the balance sheet total, and at the same time, we see no need for external financing. Importantly, the proposed payment amount does not limit our opportunities for further development, in line with our adopted strategy. We have secured funds both to finance the growing working capital requirements resulting from the expanding scale of our operations, and to implement investment plans, including potential acquisitions. Taking all these factors into account, we concluded that we can share the full profit generated with shareholders without limiting the Group’s potential for further development,” says Konrad Miterski, acting President of the Management Board of TORPOL S.A.

At the end of 2025, the TORPOL Group had PLN 655.9 million in cash on its balance sheet and no net debt. The Group’s net cash position was PLN 570.9 million, with a market capitalization of PLN 1,339.2 million (as of December 31, 2025). At the end of last year, the Group had an order backlog worth over PLN 3.99 billion net.

The final decision on the distribution of profit for 2025 will be made by the Ordinary General Meeting of Shareholders of TORPOL S.A.

The proposed dividend record date is 3 July 2026, and the dividend payment date is 17 July 2026.