Earnings Poll: Poland's Cyfrowy Polsat first-quarter profit expected to fall 53% y/y

Cyfrowy Polsat SA

20/05/2025 09:31

Cyfrowy Polsat Q1 results due May 21

Q1 net profit forecast at 84 million zlotys - poll

May 20 (Reuters) - Polish media and telecoms company Cyfrowy Polsat's CPS.WA first-quarter net profit is estimated to have slumped 53% due to the absence of one-off gains that boosted year-ago profit and a drop in the value of its stake in software firm Asseco ACPP.WA, a Reuters poll showed on Tuesday.

The company is projected to report a quarterly net profit of 84 million zlotys ($22.3 million), the poll of five banks and brokerages showed.

Revenue, however, is projected to have increased by about 3% year-on-year at the company, which entered the green energy sector in 2023.

Higher energy sales and growth in other revenue, including contributions from the transfer of apartments in Port Praski, helped overall revenue growth.

The following table summarises the market forecasts for Cyfrowy Polsat for the first quarter of 2025:

(Figures in millions of zlotys unless otherwise stated)

Net Profit
EBIT
Adj. EBITDA
Revenue
Median
84
421
803
3,524
Average
84
415
804
3,509
Lowest
46
380
795
3,447
Highest
132
433
814
3,548
No. of f'casts
5
5
5
5
Q1 2024
180
453
936
3,405
Q4 2024
135
348
781
3,827

Forecasts provided by: Santander BM, Ipopema Securities, DM BOŚ, Trigon DM, Erste Securities.

($1 = 3.7683 zlotys)

 (Reporting by Marta Maciag; Editing by Savio D'Souza)

 ((Marta.Maciag@thomsonreuters.com))