Poland's Tauron recommends first dividend in 12 years after record results

Tauron Polska Energia SA

30/03/2026 08:41

March 30 (Reuters) - Tauron Polska Energia's TPE.WA management board will recommend paying a dividend of 0.20 zloty per share, its first in 12 years, at the Polish energy group's annual general meeting, the company said on Monday.

Tauron was targeting dividend payments no later than 2029 under its strategy, but what it described as its best-ever financial results allowed the decision to be brought forward by three years, it said.

Stable cash flows from the distribution segment supported a financial position enabling a dividend payout, deputy CEO in charge of finance, Krzysztof Surma, said

Tauron's net profit rose to 3.3 billion zlotys ($886 million) last year, from 585 million zlotys in 2024

It plans investments of 100 billion zlotys through 2035, aimed at modernizing distribution infrastructure and expanding renewable energy sources

($1 = 3.7233 zlotys)

(Reporting by Rafal Nowak in Gdansk, editing by Milla Nissi-Prussak)

((RafalWojciech.Nowak@thomsonreuters.com; +48 58 769 66 63;))