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IZOBLOK SUMMARISES 1Q 2026
In the first quarter of 2026, covering the period from January 1, 2026 to March 31, 2026, the IZOBLOK Group generated operating revenue of PLN 85.23 million. Consolidated EBITDA amounted to PLN 10.21 million, while net profit reached PLN 1.86 million.
On a standalone basis, revenue totaled PLN 40.99 million, EBITDA amounted to PLN 6.78 million, and net profit reached PLN 1.96 million.
Commenting on the financial results achieved during the reporting period, Mr. Przemysław Skrzydlak, President of the Management Board, stated:
“In line with expectations and the information presented in previous reports, the IZOBLOK Group delivered solid and satisfactory results during the reported period. Both sales performance and EBITDA generated in the first quarter could be considered positive indicators for future periods. However, the overall situation in the raw materials and energy markets, related to the conflict in the Middle East, may adversely affect results in the coming reporting periods.
The Management Board’s activities remain focused primarily on improving operational efficiency and further developing cooperation with business partners.
The implementation of the vertical integration strategy, together with the achievement of new and more advanced technological capabilities, should deliver tangible and measurable benefits for both the Company and its subsidiary.
Thanks to its well-established market position and highly diversified customer portfolio, the IZOBLOK Group continues to develop steadily and maintains strong growth prospects.
During the reporting period, the IZOBLOK Group did not experience payment bottlenecks from counterparties, and the execution of existing contracts proceeded with only minor deviations from the original assumptions.
Due to the continued high volatility of the business environment, changes to expectations in subsequent reporting periods cannot be ruled out.”
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PRESS RELEASE FOR THE 2025 ANNUAL REPORT
In the 2025 financial year, covering the period from 1 January 2025 to 31 December 2025, the IZOBLOK Group generated operating revenue of PLN 301.33 million; consolidated EBITDA amounted to PLN 24.19 million; and the net loss was PLN 1.85 million. At the unit level, revenue amounted to PLN 148.67 million, EBITDA was PLN 15.36 million and net profit was PLN 1.79 million.
Referring to the financial results achieved in the reporting period, Przemysław Skrzydlak, CEO, stated:
“As expected and according to information from previous reports, the IZOBLOK Group ended the year with better results compared to 2024. Both sales and EBITDA figures show significant growth, which is the result of multi-level measures initiated within the Group. The net result was primarily affected by high financial costs. In the current year, the Management Board will take measures to reduce financial costs, which should have a positive impact on the net result in 2026.
Despite unfavourable market trends, the IZOBLOK Group has achieved high capacity utilisation, which should have a positive effect on results in subsequent reporting periods.
The IZOBLOK S.A. Group has completed its strategic investments and reported satisfactory results at the consolidated level. Of particular interest is the improvement in the operational efficiency of the subsidiary in Germany during the fourth quarter.
The investments made by the Company, including primarily in raw material production, machinery and the development of new products with very high technical requirements, should deliver real, measurable results in 2026.
This year, the Management Board’s activities will focus primarily on improving operational efficiency and further development of cooperation on global projects with selected partners in the United States and China.
The geopolitical situation, which has a significant impact on the EU economy, affects, inter alia, overall cost increases, inflationary pressure, high volatility in raw material and energy prices, and their availability. These are factors that may have a significant impact on the IZOBLOK Group’s operations this year.
Despite the unfavourable condition of the automotive industry in general, the IZOBLOK Group, thanks to its established market position and highly diversified customer portfolio, is developing steadily and has good growth prospects.
During the reporting period, IZOBLOK did not experience any payment delays from its contractors, and the existing contracts were executed with only minor deviations from the initial assumptions.
However, as the environment remains highly volatile, it cannot be excluded that expectations may change in subsequent reporting periods.”
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PRESS RELEASE FOR THE 2024 ANNUAL REPORT
During the 12 months of the 2024 financial year covering the period from 01.01.2024 to 31.12.2024, the IZOBLOK Group generated operating income of PLN 252.3 million, consolidated EBITDA was PLN 16.9 million, with a net profit of PLN 13.9 million. At the unconsolidated level, income amounted to PLN 130.3 million, EBITDA amounted to PLN 7.7 million and net profit to PLN 2.6 million.
Referring to the financial results achieved in the reporting period, Przemysław Skrzydlak, CEO, said:
“Despite the industry crisis, the IZOBLOK SA Group mostly implemented its strategic investments and presented satisfactory results at the consolidated level. The improvement in the operating efficiency of the subsidiary in Germany is worth noting.
After a series of industry crises, there is currently a high level of uncertainty in terms of production volumes, related to new export barriers for European manufacturers.
The overall increase in costs, inflation and high volatility of energy prices effectively inhibit the growth of operating profitability, despite the significant utilisation of production capacity.
This year, the Management Board’s activities will focus mainly on improving operational efficiency and further developing cooperation on global projects with selected partners in the United States and China. The company is currently launching serial production of projects, reported earlier in current reports.
Despite the unfavourable condition of the entire industry, IZOBLOK is developing steadily and has good growth prospects thanks to its market position and highly diversified customer portfolio.
During the reporting period, IZOBLOK did not record any delayed payments from contractors, and the performance of existing contracts proceeded with some deviation from the original assumptions.
Due to the continuing high volatility of the environment, changes in expectations in subsequent reporting periods cannot be ruled out.”
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IZOBLOK CONCLUDES A PARTNERSHIP AGREEMENT WITH ARMSTRONG INDUSTRIAL CORPORATION LIMITED
On February 28, 2025, the IZOBLOK GROUP entered into a partnership agreement with ARMSTRONG INDUSTRIAL CORPORATION LIMITED, based in Singapore.
The two companies aim to establish close cooperation in:
Exploring new business opportunities in the European and Asian markets for the production of EPP parts
Implementation of global projects
Exchange of knowledge and experience.
ARMSTRONG INDUSTRIAL CORPORATION LIMITED, with more than 50 years of experience, is Asia’s leading provider of noise, vibration, heat and safety management solutions producing EPP, film and elastomer products for the automotive industry, among others. It has 18 production facilities in 7 countries in Asia. More information is available at www.armstrongasia.com
