Polish “Orlen” Group’s profit – the highest in three years, exceeded all forecasts

Polish "Orlen" Group's profit – the highest in three years, exceeded all forecasts

The company announces that the EBITDA calculated using the LIFO method amounted to 14.1 billion zlotys (about 3.33 billion euros at today’s rate) (+22.6% compared to the same period last year), revenues amounted to 75.8 billion zlotys (about 17.89 billion euros) (+2.9%), and net profit was 8.1 billion zlotys (about 1.91 billion euros) (+93.9%). These are the best figures since the first quarter of 2023.

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The company’s statement indicates that growth was driven by high operational efficiency and increasing sales volumes of all main products. The group’s strong financial position allowed the board to recommend paying record dividends – 9.3 billion zlotys (about 2.19 billion euros).

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