Kogeneracja stock trades at EUR 18.61 as second-quarter margin turns negative

Published on 10/20/2026 at 13:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue was PLN 471.58 million, with a minus 1.32 percent net margin. Kogeneracja stock costs EUR 18.61 on October 20, 2026.

Quarterly revenue and margin

Second-quarter revenue reached PLN 471.58 million on June 30, 2026.
Net margin fell to minus 1.32 percent in the second quarter of 2026.
Kogeneracja stock traded at EUR 18.61 at 1:32 p.m. CEST at Lang & Schwarz on October 20, 2026.

Kogeneracja, PLKGNRC00015, Illustration mit AI erstellt.

Kogeneracja (PLKGNRC00015) was trading at EUR 18.61 at Lang & Schwarz on October 20, 2026 at 1:32 p.m. CEST, while second-quarter revenue stood at PLN 471.58 million. Portevo lists a minus 1.32 percent net margin for the quarter ended June 30, 2026.

Revenue falls from the first quarter

The latest operating picture is mixed: revenue dropped from PLN 1.07 billion in the quarter ended March 31, 2026, to PLN 471.58 million in the quarter ended June 30, 2026. That is a 55.94 percent sequential decline, while revenue was PLN 466.23 million in the comparable quarter ended June 30, 2025, according to Portevo.

Three reported periods show volatility

Chronology points to a sharp change in quarterly scale. Revenue was PLN 892.53 million for the period ended December 31, 2025, PLN 1.07 billion for the period ended March 31, 2026, and PLN 471.58 million for the period ended June 30, 2026, with the latest figures carried by Portevo.

What does the margin mean?

The margin reversal is the key operating signal. Net margin declined from 19.91 percent in the quarter ended March 31, 2026, to minus 1.32 percent in the quarter ended June 30, 2026, while net income moved from PLN 213.06 million to a loss of PLN 6.21 million, according to TradingView.

Next reporting date is November 24

The next substantiated reporting date is November 24, 2026. Investing.com lists that date for the next earnings release, giving investors a defined checkpoint for the margin trend.

Euro quote stays the market reference

Kogeneracja operates in Poland's utilities sector and is listed on the Warsaw Stock Exchange under ticker KGN. Its current euro indication provides the German investor perspective, while the latest reported figures point to a business where quarterly revenue and profitability can change materially between reporting periods.

The stock was trading at EUR 18.61 at Lang & Schwarz on October 20, 2026 at 1:32 p.m. CEST.

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