Mirbud had PLN 128.01 million of net profit, and PLN 174.47 million of EBIT in 2021

Mirbud recorded PLN 128.01 million of consolidated net profit attributable to shareholders of the parent company in 2021 compared to PLN 58.19 million of profit a year earlier, the company said in the report.

The operating profit amounted to PLN 174.47 million versus PLN 84.32 million profit a year earlier.

Consolidated sales revenues amounted to PLN 2,505.57 million in 2021 compared to PLN 1,242.8 million a year earlier.

“In the discussed period, road infrastructure contracts still had a dominant share in the order portfolio of the Mirbud capital group. In addition to the above-mentioned contracts carried out by Mirbud S.A. alone or as a consortium leader with a subsidiary Kobylarnia S.A. The Mirbud capital group is executing eleven more important road infrastructure contracts, where Kobylarnia remains the consortium leader, ”we read in the letter of the president of Mirud Jerzy Mirgos.

“Our goal is invariably to maintain the size of the order portfolio above PLN 5 billion as well as efficient and timely execution of orders. The year 2022 will bring financial results in terms of revenues at least comparable to 2021 and the expected reduction in profitability of some contracts. Maintaining the highest profitability of the group will remain an ambitious task. In the medium and long term, we are consistently striving to strengthen our position in the forefront of the largest construction companies in the country, proudly representing Polish companies in this group, ”added the president.

On a standalone basis, the net profit in 2021 amounted to PLN 80.35 million compared to PLN 19.43 million profit a year earlier.

Mirbud acts primarily as a general contractor or general contractor in all segments of the construction industry. Since 2008, the company has been listed on the Warsaw Stock Exchange. In 2021, it had PLN 2,506 million of consolidated revenues.

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