Poland's Grupa Pracuj posts 17% profit jump driven by Ukraine business (updated)

Grupa Pracuj SA

02/04/2026 12:38

Adds 2026 outlook in 2nd and 3rd bullet points.

GDANSK, April 2 (Reuters) - Polish recruitment company Grupa Pracuj GPPP.WA reported a 17% rise in its 2025 profit on Thursday, as strong performance in Ukraine supplemented modest growth in the core Polish market.

Grupa Pracuj is Poland's biggest provider of human resources technology and runs the country's largest online job recruitment platform, Pracuj.pl, as well as Robota.ua in Ukraine.

"In Poland, despite economic growth, employers' recruitment activity was moderate" - CEO Przemyslaw Gacek

Outlook 2026: mid-single-digit percentage growth in recruitment services revenue and HR software monthly recurring revenue

Outlook 2026: maintain adjusted EBITDA margin at 45%

Net profit of 238.7 million zlotys ($64.2 million) slightly beat a median forecast of 236 million in a Reuters poll

Grupa Pracuj said its board would propose a record dividend of 3 zlotys per share

Revenue in the German market, where the group operates HR technology unit Softgarden, was broadly flat amid demanding economic conditions

Poland revenue grew 5.6%; Ukrainian business continued to expand, showing 21.8% growth

The group's full-year revenue rose by 5.4% to 811.2 million zlotys

Adjusted EBITDA reached 366.6 million zlotys, up 5.7% from 2024

($1 = 3.7206 zlotys)

(Reporting by Alicja Surdy, editing by Milla Nissi-Prussak)

((AlicjaEwa.Surdy2@thomsonreuters.com;))