Unimot secures 34.2 percent defense stake for Unimot stock

Published on 10/18/2026 at 13:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Unimot secures a PLN 50.0 million defense stake on October 1, 2026. For Unimot stock, second-quarter adjusted EBITDA was PLN 140 million.

Defense expansion and valuation

Unimot acquired 3,163,541 newly issued shares in PZL Sedziszow on October 1, 2026.
Second-quarter revenue reached PLN 4.36 billion, while adjusted EBITDA totaled PLN 140 million.
Unimot stock was last quoted at PLN 156.40 on GPW on October 16, 2026.
BM Pekao cut its target to PLN 142.10 on September 23, 2026.

Unimot, PLUNMOT00013, Illustration mit AI erstellt.

Unimot secured a 34.2 percent stake in PZL Sedziszow for PLN 50.0 million on October 1, 2026, deepening its move into defense-related manufacturing. The agreement covered 3,163,541 newly issued shares, according to Unimot.

What does PLN 50.0 million buy?

The transaction gives Unimot a direct role in a platform combining PZL Sedziszow production capabilities with PZL Defence technology. Defence24 reported on October 6, 2026, that the group was also preparing projects involving turbojet engines for unmanned systems and advanced manufacturing technology.

The deal adds a strategic growth option, but its financial contribution remains ahead of the first expected sales from PZL Defence. Unimot's core earnings picture is therefore still shaped by fuel trading, bitumen and logistics.

Three dates show the strategy shift

On September 15, 2026, Unimot began reviewing its strategic development directions. On October 1, 2026, it acquired the 34.2 percent PZL Sedziszow stake. On October 6, 2026, the defense platform was linked to turbojet engines, drones and advanced manufacturing projects.

Adjusted earnings hide a sharp split

For the second quarter of 2026, Unimot reported PLN 4.36 billion in sales revenue and PLN 140 million in adjusted EBITDA, versus PLN 3.72 billion and PLN 110 million in the second quarter of 2025, respectively. Reported EBITDA was negative PLN 50 million, showing why the distinction between adjusted and reported figures matters. The figures come from the company's preliminary report dated October 1, 2026.

For the first half of 2026, adjusted EBITDA reached PLN 250.9 million, up from PLN 157.6 million a year earlier, while revenue increased to PLN 7.90 billion from PLN 7.20 billion, according to PAP.

Analysts focus on fuel risks

BM Pekao cut its recommendation from Buy to Sell and reduced its target from PLN 194.50 to PLN 142.10 on September 23, 2026, according to Comparic. The report highlighted weaker fuel-segment performance and negative operating cash flow as counterweights to stronger adjusted earnings.

Valuation stays tied to execution

Unimot was last quoted at PLN 156.40 on GPW on October 16, 2026, with a market capitalization of PLN 1.3 billion and a 52-week range of PLN 122.20 to PLN 207.50. The defense platform broadens the business mix, while the next earnings debate will center on fuel margins, cash conversion and the timing of defense sales.

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