Kruk 1H net income 584.0M zloty, -3.1% y/y

Kruk 1H net income 584.0M zloty, -3.1% y/y

Mo-Bruk SA, a leading waste management company in Poland, has released its 1H 2025 financial results, indicating a net income of 584.0M zloty. This figure represents a year-over-year decrease of 3.1% [1]. The company's stock experienced a 1.89% increase following the announcement of its Q2 2025 earnings report, which highlighted a 6% increase in total revenue [2].

The company's waste processing core business grew by 7%, with significant opportunities in 'eco bomb' projects exceeding 100 million PLN. Mo-Bruk SA completed a CapEx project to expand its Refuse-Derived Fuel (RDF) production capacity, aiming to achieve a 50% EBITDA margin and improved H2 2025 performance. The company's strong financial health is reflected in a 0.7 debt to EBITDA ratio, and a dividend payment is planned for October 2025 [2].

Analysts maintain a 'Buy' rating for Mo-Bruk SA, with the stock trading at a price of 295.50 as of August 26, 2025. The stock has a price-to-earnings (P/E) ratio of 15.04 and offers a 4.53% dividend yield, suggesting potential undervaluation compared to its peers [2].

Mo-Bruk SA operates through its Waste Management and Petrol Station segments, providing services such as incineration, disposal, and solidification of waste, as well as fuel station operations and laboratory services. The company's operations span Poland, Germany, Italy, Slovenia, Denmark, Romania, and Lithuania, with a strong focus on sustainable waste management practices [3].

References:
[1] https://www.investing.com/equities/mo-bruk
[2] https://www.investing.com/equities/mo-bruk
[3] https://www.investing.com/equities/mo-bruk