Erste forecasts a strong third quarter for Mo-Bruk stock

Published on 10/18/2026 at 13:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Erste projects PLN 105 million revenue and PLN 47 million EBITDA for the third quarter. Mo-Bruk stock last traded at PLN 435.50 on October 16, 2026.

Forecasts and dates

Erste Securities Polska projected PLN 105.00 million in third-quarter revenue on October 14, 2026.
Noble Securities set a PLN 462.00 valuation on August 31, 2026.
Mo-Bruk is scheduled to publish third-quarter results on November 19, 2026.

Mo-Bruk, PLMOBRK00013, Illustration mit AI erstellt.

Mo-Bruk (ISIN PLMOBRK00013) drew a PLN 105.00 million third-quarter revenue forecast from Erste Securities Polska on October 14, 2026. Analyst Jakub Szkopek also projected PLN 47.00 million in EBITDA and PLN 28.00 million in net profit, according to Parkiet.

Forecasts point to a profitable quarter

The estimates imply a sharp change from the third quarter of 2025, when Mo-Bruk recorded PLN 83.00 million in sales, a PLN 38.00 million EBITDA loss and a PLN 39.00 million net loss. The comparison makes utilization and project timing central to the upcoming report.

Erste linked the expected improvement to high utilization in waste incineration and the completion of a major ecological-waste contract at Nowe Mieszewo. Parkiet reported that solidification and stabilization capacity was about 60 percent utilized, while alternative fuel production operated at 45 percent.

What could change after 2026?

The forecast also carries a clear counterpoint. Erste estimated revenue from ecological-bomb disposal at PLN 120.00 million for 2026 but only PLN 13.00 million for 2027, based on the order portfolio cited by Parkiet. That gap makes new contracts important for sustaining earnings after the current project cycle.

Noble Securities recommended accumulation and set a PLN 462.00 valuation on August 31, 2026, while Trigon DM assigned a PLN 387.70 valuation in an analysis dated July 22, 2026. Both figures were reported by Parkiet.

Three milestones shaped the story

On June 29, 2026, shareholders approved a conditional increase of up to PLN 1.76 million through as many as 175,650 new shares, a measure detailed in the company filing carried by Bankier.pl. On August 31, 2026, Noble Securities assigned a PLN 462.00 valuation. On October 14, 2026, Erste published the PLN 105.00 million revenue forecast for the third quarter.

Dates investors can track

The tender process for a potential ecological-waste project in Wolomin has a November 6, 2026 offer deadline, while Mo-Bruk is scheduled to publish third-quarter results on November 19, 2026, according to Parkiet.

Warsaw quotation and valuation

Mo-Bruk last traded at PLN 435.50 on the Warsaw Stock Exchange on October 16, 2026 at 5:03 p.m. CEST. Its market capitalization was PLN 1.5 billion on that date, and the reported 52-week range was PLN 278.00 to PLN 438.00. The price therefore stood PLN 2.50 below the reported high, keeping the next earnings release central to the investment case.

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