KGHM schedules November 18 results. KGHM stock is valued at PLN 64.0 billion

Published on 10/21/2026 at 09:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

KGHM schedules results for November 18, 2026. KGHM stock is valued at PLN 64.0 billion on October 20, 2026, and KGHM employs 34,413 people.

Investment and earnings markers

KGHM began a USD 725.00 million Sierra Gorda expansion on October 2, 2026.
First-half 2026 revenue reached PLN 24.7 billion, up 40.8 percent year over year.
KGHM had a PLN 64.0 billion market capitalization as of October 20, 2026.

KGHM, PLKGHM000017, Illustration mit AI erstellt.

KGHM Polska Miedz (ISIN PLKGHM000017) had a PLN 64.0 billion market capitalization as of October 20, 2026, while its last Xetra close was EUR 72.50. The investor calendar lists the third-quarter report for November 18, 2026, according to KGHM.

Sierra Gorda adds a growth angle

The latest operating catalyst is the Sierra Gorda expansion in Chile. On October 2, 2026, KGHM announced a USD 725.00 million investment in a fourth grinding line, with completion scheduled for the end of 2029, according to KGHM. The project is designed to lift processing capacity and copper production, but it also commits capital before the next results update.

First-half 2026 revenue reached PLN 24.7 billion, up 40.8 percent from the first half of 2025. Adjusted EBITDA rose 89.1 percent to PLN 9.2 billion, while net profit increased to PLN 5.58 billion from PLN 579.0 million, according to the period review cited by Rankia.

Three dates shape the story

On October 2, 2026, KGHM announced the USD 725.00 million Sierra Gorda project. On October 9, 2026, two KGHM investments received strategic-project status from the European Union, with a combined value above PLN 9.5 billion, according to KGHM. On October 16, 2026, Parkiet reported estimates for third-quarter adjusted EBITDA of PLN 3.30 billion and full-year 2026 adjusted EBITDA of PLN 16.60 billion, with investment spending and possible acquisitions as key risks, according to Parkiet.

What comes next for KGHM?

The next scheduled event is the consolidated third-quarter report on November 18, 2026. For investors, the central comparison will be whether quarterly profitability can stay above the PLN 3.73 billion adjusted EBITDA reported for the second quarter of 2026 while the group advances its Chilean and European projects.

Stock valuation and timing

The Xetra close was EUR 72.50 on October 20, 2026. KGHM's market capitalization was PLN 64.0 billion on that date, and the group employed 34,413 people according to company profile data.

The further course of trading is shown by the continuously updated real-time quote of KGHM stock.