Brief: Cyfrowy Polsat To Book 2.72 Bln Zloty Goodwill Impairment Lowering Q4 Net Profit

Cyfrowy Polsat SA

21/04/2026 06:20

April 21 (Reuters) - Cyfrowy Polsat S.A. CPS.WA:

SAID ON MONDAY THAT IT HAD IDENTIFIED ONE-OFF IMPAIRMENT CHARGES IMPACTING COMPANY'S Q4 2025 FINANCIAL RESULTS

TO BOOK 2 BILLION ZLOTY IMPAIRMENT CHARGE ON GOODWILL IN B2C AND B2B SEGMENT

TO BOOK 716.9 MLN ZLOTY IMPAIRMENT CHARGE ON GOODWILL IN MEDIA SEGMENT

CONSOLIDATED GOODWILL IMPAIRMENTS TO LOWER Q4 NET PROFIT BY 2.72 BILLION ZLOTYS

CONSOLIDATED GOODWILL IMPAIRMENTS ARE NON-CASH AND WILL NOT AFFECT EBITDA

GOODWILL IMPAIRMENTS REFLECT CHANGED ASSUMPTIONS IN ANNUAL TESTS, INCLUDING WORSENING MACROECONOMIC AND MARKET CONDITIONS

COMPANY WILL ALSO BOOK 83.6 MLN ZLOTY WRITE-DOWN ON PHOTOVOLTAIC PANEL INVENTORY IN B2C AND B2B SEGMENT

83.6 MLN ZLOTY WRITE-DOWN TO LOWER Q4 EBITDA AND NET PROFIT

WRITE-DOWN ON PHOTOVOLTAIC PANEL INVENTORY DUE TO A DETERIORATION IN MARKET CONDITIONS IN POLAND'S PHOTOVOLTAIC PANEL MARKET

SEPARATELY, TO BOOK 635.5 MLN ZLOTY IMPAIRMENT ON VALUE OF STAKE IN SUBSIDIARY POLKOMTEL IN COMPANY'S STANDALONE NET PROFIT

 Source text: nEM8ycSmKa
 Further company coverage: CPS.WA

 (Gdansk Newsroom)

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