Cyfrowy Polsat slides to 1-yr lows as Q3 earnings cast doubt over target delivery

Cyfrowy Polsat SA

20/11/2025 08:47

** Shares in Cyfrowy Polsat CPS.WA fall 4.5% after the Polish media and telecoms group's worse-than-expected Q3 results raise concerns over its core business and FY targets

** Cyfrowy Polsat's Q3 net profit drops 72% to 69.6 million zlotys ($18.95 million), while its adjusted EBITDA falls 13% to 765.8 million zlotys

** Trigon analyst Dominik Niszcz points to a miss in the core telecom business, where adjusted EBITDA fell 6% y/y, and weaker-than-expected ad revenue which fell for the first time since the pandemic

** Nora Nagy from Erste says the results cast doubt over the group's FY outlook for stable adjusted EBITDA

** The stock touches its lowest price in a year

($1 = 3.6721 zlotys)

(Reporting by Alicja Surdy)

((AlicjaEwa.Surdy2@thomsonreuters.com))