Record revenues for PTWP Group. Generous dividend possible

• The PTWP Group ended 2024 with record revenues of PLN 103 million, which means an increase of as much as 21.4% compared to 2023.
• In the reporting period, EBITDA reached PLN 9 million (13.1% year-on-year growth), and net profit, burdened with one-off events, amounted to nearly PLN 2.8 million.
• After eliminating one-off events, net profit amounted to PLN 5.8 million. At the end of 2024, the Group had a very good cash position of PLN 24 million. The PTWP Management Board recommended allocating PLN 9 million for dividend payments, which means PLN 7.28 per share.

According to estimates, the PTWP Group exceeded the PLN 100 million sales revenue threshold for the first time in its history. Consolidated revenue for 2024 amounted to PLN 103 million, which means an increase of 21.4% compared to 2023 - the company informed.

PTWP President: We have crossed the symbolic barrier

Dynamically growing revenues are a confirmation of effective actions in all key business areas of the PTWP Group. The Group's EBITDA reached PLN 9 million, which means an increase of 13.1 percent compared to the previous year . The final net profit amounted to PLN 2.8 million and was lower than the previous year (PLN 3.3 million). The result was influenced by charges related to a one-off event, i.e. a write-down on Farmer Direct sp. z o. o. - we read in the company's announcement.

- The past year was very intense for the PTWP Group. We exceeded the symbolic barrier of PLN 100 million in revenue, strengthening all key segments of our operations. We achieved growth organically - this is proof of the effectiveness of our strategy and the strength of our team. One-off events had an impact on net profit, which after cleaning amounts to PLN 5.8 million. Operationally, we are stronger than ever before. We are building solid foundations for further development, both on the media market and in the area of ​​events and infrastructure management - said Wojciech Kuśpik, president of the PTWP Group.

The record level of revenue was achieved thanks to growth in all segments of the PTWP Group's operating activities . The company's Internet portals were visited by over 24 million unique users per month, which strengthened its position among the leaders of Polish business media - we read in the company's announcement.

A number of our own events were also successfully implemented, led by the European Economic Congress , as well as congresses and conferences such as the Health Market Forum, Property Forum, PRECOP and Energy Days.

The facilities managed by the Group - Spodek and the International Congress Centre in Katowice (MCK) - have hosted prestigious events such as Intel Extreme Masters, EuroScience Open Forum and Tauron Nowa Muzyka, as well as a number of concerts, shows and entertainment events.

The dividend from PTWP will be very high

The PTWP Group continues to dynamically develop its activities in the online publishing segment, organization of its own events and management of facilities - Spodek and MCK.

On the day of publication of the Annual Report for 2024, the Management Board of PTWP recommended allocating almost PLN 6.4 million of the standalone profit for 2024 and PLN 2.6 million from the reserve capital to pay dividends . This means a payment of PLN 7.28 per share.

The final decision on the distribution of profit will be made by shareholders during the ordinary general meeting. Wojciech Kuśpik, president of the company's management board, has 71.14 percent of the total number of votes.

- We are satisfied with the operational results and the pace of development. That is why the management board recommended to the general meeting the payment of a dividend from the profit for 2024. This is an important step for us - we want to share the profit we have earned with shareholders, because we are convinced that the Group's success is a result of joint work and the trust that investors have in us . We believe that regularity in this respect will confirm the maturity of our business model and its stability, as well as an element of building the long-term value of the company. At the same time, we remain focused on further development - we want to continue to grow at a double-digit rate and consistently implement our strategy in all segments of our operations - emphasized Wojciech Kuśpik, President of the Management Board of the PTWP Group.

PTWP regularly shares its profits with its shareholders. For the years 2021-2023, the company paid almost PLN 15.8 million in dividends.