Unimot secures PLN 153 million premium. Pekao cuts target for Unimot stock to PLN 142.10

Published on 10/20/2026 at 12:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The award starts in June 2030 and adds to a PLN 327 million heat contract. PLN 4.36 billion in second-quarter revenue frames Unimot stock after September 23, 2026.

Operating figures and analyst risk

On October 9, 2026, Unimot secured an estimated PLN 153 million cogeneration premium.
Second-quarter 2026 sales revenue was PLN 4.36 billion and adjusted EBITDA was PLN 140 million.
On September 23, 2026, BM Pekao cut its target to PLN 142.10.

Unimot, PLUNMOT00013, Illustration mit AI erstellt.

Unimot (ISIN PLUNMOT00013) secured an estimated PLN 153 million cogeneration premium over 15 years, starting in June 2030. The company disclosed the result of the auction on October 9, 2026, through Bankier.pl. The additional inflow strengthens a 15-year heat-sales contract valued at an estimated PLN 327 million.

What does the premium add?

The cogeneration payment gives Unimot's energy infrastructure business a long-dated revenue stream. The premium begins in June 2030, while the heat contract itself covers sales to the city of Czechowice-Dziedzice, according to the company report carried by Bankier.pl.

The award arrives after a mixed second quarter. Unimot's preliminary sales revenue reached PLN 4.36 billion in the second quarter of 2026, up from PLN 3.72 billion in the second quarter of 2025. Preliminary adjusted EBITDA rose to PLN 140 million from PLN 110 million, while reported EBITDA was negative PLN 50 million, according to the company's Unimot release.

Three events shape the stock

On May 26, 2026, Unimot reported PLN 3.529 billion in first-quarter sales revenue and PLN 105 million in adjusted EBITDA, compared with PLN 3.408 billion and PLN 47 million in the first quarter of 2025, according to Aviastacjapaliw. On September 23, 2026, BM Pekao cut its recommendation from Buy to Sell and reduced its target from PLN 194.50 to PLN 142.10, as reported by Comparic. On October 9, 2026, the company disclosed the PLN 153 million premium award.

When are the next figures due?

The next earnings report is scheduled for November 19, 2026, according to TradingView. For investors, the key tension is clear: the premium adds a dated infrastructure cash-flow opportunity, while the second-quarter gap between reported and adjusted EBITDA keeps operating quality central to the stock story.

Unimot's operating picture

Unimot combines fuel distribution with infrastructure, logistics and energy activities. Its first-quarter 2026 adjusted EBITDA included PLN 50.30 million from its main businesses and PLN 41.40 million from logistics, according to Aviastacjapaliw. The premium therefore adds another quantified element to a business already spread across several operating segments.