Orlen Group Reports PLN 11.2 Billion Net Profit and Record Investments in 2025

Orlen Group presented its financial results for 2025, confirming the company's dominance in the Central and Eastern Europe region. The company's revenues amounted to PLN 267.3 billion, and its consolidated net profit reached PLN 11.248 billion. This result is PLN 8.572 billion higher than in 2024, even though revenues nominally fell by nearly PLN 28 billion due to lower commodity prices. The key LIFO EBITDA indicator stood at PLN 41.9 billion. President Ireneusz Fąfara emphasized that the company's market capitalization increased by over 100 percent within a year, reaching PLN 110 billion. The company's investments last year reached a record level of PLN 32.6 billion. These funds were primarily directed towards low- and zero-emission projects, including the construction of the offshore wind farm Baltic Power and the modernization of petrochemicals. For 2026, a further increase in capex to PLN 36.3 billion is planned. The priority remains the energy segment (PLN 9.8 billion) and downstream (PLN 8.9 billion). The company also plans to continue the process of divesting assets unrelated to its core business, including the sale of the parcel locker network and the publishing house Polska Press. Following Russia's aggression against Ukraine in 2022, European energy companies had to rapidly reshape their supply chains, which impacted high volatility in refining margins and financial results across the sector. Despite optimistic results, the company's management points to operational challenges. Planned maintenance shutdowns at key refineries have been announced, which may temporarily affect processing capacities. At the same time, Vice President Sławomir Jędrzejczyk noted that the ambitious investment plan may involve an increase in debt in the coming quarters. Nevertheless, the company declares it will maintain a stable dividend policy and continue implementing the Orlen 2035 strategy. „We are the most expensive Polish company on the stock exchange, and our market capitalization has increased by over 100 percent, which is the result of professionalization and the return of investor trust.” — Ireneusz Fąfara 32,6 mld zł — spent on investments in 2025 Orlen: 2024-netto: 2.67, 2025-netto: 11.25, 2024-EBITDA: 30.1, 2025-EBITDA: 41.9 Key Results Year-on-Year: Net Profit: 2.67 billion PLN → 11.25 billion PLN; Revenues: 295 billion PLN → 267.3 billion PLN; Investment Expenditures: 27.3 billion PLN → 32.6 billion PLN Liberal media emphasize the professionalization of management and the regaining of capital market trust after personnel changes in the company. | Right-wing media stress that the high results are a continuation of the multi-conglomerate strategy and attack the current management for a propagandistic style of data presentation.