Unibep S.A. – Summary of 2025 results

The results of 4Q'25 are in line with the preliminary results published on February 16 this year. "We assessed them positively: revenues were slightly lower than our estimates, profits were clearly above our forecasts. The most positive surprise was the high gross margin on sales achieved in the construction segment. In the last quarter, the results were also improved by the settlement with Umicore, as a result of which Umicore withdrew the contractual penalty for PLN 6.1 million and paid Unibep PLN 5.3 million in cash.