PTWP Group Reports Record Revenue Amidst Investments
Translated from Polish, summarized and contextualized by DistantNews.
At a glance
- PTWP Group reported record first-quarter revenue of 52 million PLN, an 118% increase year-over-year.
- The strong results follow the consolidation of Gremi Media and Elamed Media Group, with investments and restructuring impacting profitability.
- The company maintained a strong financial position with 41.5 million PLN in cash and recommended a dividend payout of 9.5 million PLN.
PTWP Group achieved a record-breaking first quarter in 2026, with consolidated revenues soaring to 52 million PLN. This represents a significant 118% increase compared to the same period last year, marking the best start to a year in the company's history. These results are the first to include the consolidated figures from the acquisitions of Gremi Media and Elamed Media Group.
Despite the revenue surge, the group reported a net loss of 2.9 million PLN and an operating loss of 3.2 million PLN, with positive EBITDA of 1.2 million PLN. The company attributes these figures to substantial investment outlays, structural reorganizations, and optimization efforts. These actions are designed to prepare the group for a more active second quarter.
Wojciech Kuลpik, CEO of PTWP Group, emphasized that the results align with their development strategy. He highlighted the intensive organizational and investment work during the first three months, anticipating that the effects will become evident in subsequent quarters. Kuลpik affirmed the company's robust financial health and high level of contract bookings.
Financially, PTWP Group ended March 2026 with 41.5 million PLN in free cash. This stability allowed the board to propose a dividend of 9.5 million PLN, or 5.89 PLN gross per share. This payout will consist of the entire net profit for 2025 (7.5 million PLN) and 2 million PLN from reserve capital. The final decision rests with the General Shareholders' Meeting on June 25. The company has a history of rewarding shareholders, having distributed nearly 25 million PLN between 2021 and 2024.
The group's business capabilities have been significantly expanded through recent acquisitions. PTWP Online acquired Elamed, a publisher of specialized journals and organizer of industry conferences, strengthening PTWP's presence in professional and educational media. The earlier acquisition of Gremi Media, publisher of "Rzeczpospolita" and "Parkiet," bolstered its position in national information and business media. Beyond publishing, PTWP manages the International Congress Centre and Spodek Arena in Katowice, which hosted numerous events in the reporting period with strong future bookings.
The first three months of the year were a period of very intensive organizational and investment work. The effects of these actions will be visible in the following quarters. We maintain very good financial condition and a high level of contract bookings.
Originally published by Rzeczpospolita in Polish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.