Brief: Polenergia Prelim. Q2 Adjusted Net Profit At 0.7 Mln Zlotys

Polenergia SA

05/08/2025 06:53

Aug 5 (Reuters) - Polenergia SA PEPP.WA:

REPORTED ON MONDAY PRELIMINARY Q2 ADJUSTED NET PROFIT AT 0.7 MLN ZLOTYS

PRELIMINARY Q2 EBITDA AT 151 MLN ZLOTYS

COMPANY CONDUCTED IMPAIRMENT TESTS AND DECIDED TO BOOK WRITE-DOWN OF ABOUT 71 MLN ZLOTYS ON POLENERGIA FOTOWOLTAIKA

IT ALSO DECIDED TO BOOK A WRITE-DOWN OF ABOUT 21 MILLION ZLOTYS ON POLENERGIA H2HUB NOWA SARZYNA

WRITE-DOWN'S ESTIMATED IMPACT ON COMPANY'S GROSS RESULT FOR 2025 IS AT ABOUT 92 MILLION ZLOTYS

WRITE-DOWN WILL BE BOOKED IN H1 CONSOLIDATED FINANCIAL STATEMENT

WRITE-DOWN ON POLENERGIA FOTOWOLTAIKA IS A CONSEQUENCE OF THE MARKET SITUATION OF THE PROSUMER MARKET AND THE PROSPECTS FOR FURTHER DEVELOPMENT OF THE INDUSTRY, RESULTING IN A CLEAR FAILURE TO ACHIEVE THE COMPANY'S SALES TARGETS IN Q2

WRITE-DOWN ON POLENERGIA H2HUB NOWA SARZYNA IS RELATED TO THE REVIEW OF STRATEGIC OPTIONS IN THE AREA OF HYDROGEN ACTIVITIES CONDUCTED BY THE ISSUER

 Source text for Workspace: nEM5wZMwTa nEMwCsDFa
 Further company coverage: PEPP.WA

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 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))