KGHM stock reports 41 percent H1 revenue growth

Published on 10/06/2026 at 16:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

KGHM stock traded at PLN 342.50 on October 6, 2026, while H1 revenue reached PLN 24.7 billion. August silver sales rose 17 percent year over year.

KGHM, PLKGHM000017, Illustration mit AI erstellt.

KGHM (ISIN PLKGHM000017) was trading at PLN 342.50 on GPW on October 6, 2026, down 0.36 percent from the prior close. The copper and silver producer's H1 2026 revenue reached PLN 24.7 billion, a 41 percent year-over-year increase, according to Money.pl.

H1 earnings reset the baseline

Net profit rose to PLN 5.6 billion in H1 2026, nearly ten times the PLN 580 million recorded in the comparable period, while consolidated EBITDA reached PLN 9.2 billion, up 89 percent year over year, Money.pl reported.

The operating improvement also came with lower leverage. Net debt to adjusted EBITDA stood at 0.4 at the end of June 2026, while debt declined by PLN 0.7 billion during the first six months, according to the same H1 results report from Money.pl.

August shows a mixed metal picture

KGHM's preliminary August production and sales report, dated September 22, 2026, showed group silver sales of 125.5 tonnes, up 17 percent year over year, while copper sales fell 3 percent to 53.2 thousand tonnes, according to Bankier.pl.

The domestic operation remained steadier than the international segment. KGHM Polska Miedz produced 50.4 thousand tonnes of electrolytic copper in August, matching the prior year, while silver sales increased 16 percent to 121.8 tonnes, according to the August report.

Technical support sits below PLN 300

For the chart, the PLN 300 area is the key nearby support identified by Parkiet, while a move above PLN 385 would point to a return toward the prior uptrend. The same analysis places a deeper technical risk zone at PLN 240 to PLN 250.

Stock trades below its yearly high

KGHM was last at PLN 342.50 on GPW on October 6, 2026, with a 52-week range of PLN 171.55 to PLN 396.40 and market capitalization of PLN 68.5 billion. The price stood 13.6 percent below the 52-week high, leaving the operating figures and metal volumes as the main reference points for the shares.