Polenergia reports PLN 43.2 million profit. Polenergia stock is worth PLN 4.1 billion

Published on 10/20/2026 at 13:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue fell 24.4 percent to PLN 1.75 billion, while net profit turned positive. Polenergia stock costs EUR 12.24 on October 20, 2026.

Profit and project milestones

The September 30, 2026 report showed PLN 43.2 million in net profit.
Polenergia had hedged 83 percent of planned 2027 production by June 30, 2026.
Polenergia stock traded at EUR 12.24 at 1:05 p.m. CEST at Lang & Schwarz on October 20, 2026.

Polenergia, PLPLSEP00013, Illustration mit AI erstellt.

Polenergia (PLPLSEP00013) was trading at EUR 12.24 at Lang & Schwarz on October 20, 2026 at 1:05 p.m. CEST. The company reported PLN 43.2 million in net profit for the first half of 2026, while its market capitalization stood at PLN 4.1 billion on October 20, 2026.

According to Bankier.pl, Polenergia published its consolidated half-year report on September 30, 2026. Revenue for the first half reached PLN 1,752.5 million, down from PLN 2,316.7 million in the first half of 2025, while net profit improved from a PLN 39.8 million loss to PLN 43.2 million.

Profit improved as EBITDA weakened

The earnings mix was uneven. Operating profit fell to PLN 108.9 million from PLN 130.4 million in the comparable period, while net operating cash flow reached PLN 179.3 million versus PLN 205.6 million a year earlier, according to the half-year filing.

Energetyka24 reported on October 1, 2026, that EBITDA fell 32 percent to PLN 214 million and the EBITDA margin declined from 13.5 percent to 12.2 percent. The article attributed the pressure to lower energy prices and weaker wind conditions.

What supports the offshore strategy?

Polenergia had secured 83 percent of forecast 2027 production and 63 percent of forecast 2028 production by June 30, 2026. The company is also advancing the Ba?tyk 2 and Ba?tyk 3 offshore wind farms, which have combined planned capacity of 1,440 megawatts and are being developed with Equinor, according to Puls Biznesu on October 1, 2026.

Three milestones from 2026

On September 10, 2026, Polenergia presented preliminary first-half EBITDA of PLN 214 million. On September 30, 2026, it published first-half revenue of PLN 1,752.5 million and net profit of PLN 43.2 million. On October 20, 2026, the stock was trading at EUR 12.24 in the German market indication.

Dates investors can track

Polenergia lists November 19, 2026, for publication of the consolidated third-quarter report. The company also expects first power from Ba?tyk 2 in the second quarter of 2027 and from Ba?tyk 3 in the fourth quarter of 2028.

Warsaw listing and current valuation

Polenergia has been listed on the Warsaw Stock Exchange since 2005. Its primary listing is on the Warsaw exchange under ticker PEP, and the company operates in the utilities sector. The current market value was PLN 4.1 billion, while the 52-week range was PLN 48.05 to PLN 65.00 as of October 20, 2026.

Polenergia was trading at EUR 12.24 at Lang & Schwarz on October 20, 2026 at 1:05 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Polenergia stock.