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IZOBLOK SUMMARISES 1H 2025

After the first half of the 2025 financial year, covering the period from 1 January 2025 to 31 June 2025, the IZOBLOK Group generated operating income of PLN 148,553K. The IB Group reported an operating loss of PLN 3,412K. Consolidated EBITDA amounted to PLN 3,693K.

At the unconsolidated level, income reached PLN 75,200K, which represents an increase of 14.0% compared to the first half of 2024. The Company reported an operating profit of PLN 281K and its EBITDA reached PLN 4,031K. 

Referring to the financial results in the reporting period, Przemysław Skrzydlak, CEO, said:

“The operating results of the IZOBLOK Group in the first half of the current financial year show how much the cumulative increases in energy and wage costs affect the operating profitability. In accordance with the prudence principle, the company created provisions for projects that were halted by customers before the planned completion of production due to the unclear situation regarding the introduction of customs tariffs. The delayed launch of new projects, which account for a significant share of the company’s revenue, also had a negative impact on profitability.

The company has revised and agreed new commercial terms with its customers, which should have a positive impact on operating profitability in the second half of the year.

The overall increase in costs and high volatility of market conditions are effectively hampering the growth of operating profitability, despite the significant utilisation of production capacity.

The Management Board expects that, after the poor results of the first half of the year and the completion of corrective measures, the company’s results will improve in the second half of the year.

During the reporting period, IZOBLOK did not record any delayed payments from contractors, and the execution of existing contracts proceeded with some deviation from the original assumptions.

Due to the continuing high volatility of the environment, a change in expectations in subsequent reporting periods cannot be ruled out.”