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[BUSINESS] · Poland · 4 sources

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PKP Cargo reports 117.8 million PLN net profit in H1 2026

PKP Cargo Group, currently undergoing restructuring, reported a net profit of 117.8 million PLN for the first half of 2026. This represents an increase of 135.7 million PLN compared to the same period in the previous year, which saw a loss of 17.9 million PLN.

Key financial indicators showed significant growth: EBITDA reached 159.8 million PLN, a 14% year-on-year increase, while operating profit (EBIT) rose by 242.8% to 187.5 million PLN. Total revenues for the first half of the year exceeded 1.84 billion PLN.

Despite the positive turnaround, the company faced operational challenges. Vice President Paweł Miłek noted that adverse weather conditions in January and February impacted transport volumes and caused temporary closures of sea ports. Additionally, the group faced rising costs, including a 13.9% increase in energy and traction fuel expenses (reaching 300 million PLN) and a 17.3% increase in railway infrastructure access costs (reaching 210 million PLN).

Entities

PKP Cargo · Paweł Miłek