CLN GPW sWIG80 Periodic report · PAP Biznes

Celon Pharma SA (CLN) · Q1 2026 results

Share price: 16.30 zł · 2026-11-10

Results Q1 2026 vs Q1 2025 · year over year · published 20 May 2026 and 21 May 2025

Net income turned to a profit from a loss a year earlier. The report's language is unchanged.

Only a basic analysis is available for this company at the moment.

1 · Numbers

Turned profit

Net income vs Q1 2025

Net income 162.6M vs -25.1M

Revenue +25.4%

2 · How the report reads

Unchanged

Language tone vs last period

Report language: upbeat for a company report — about as upbeat as in Q1 2025.

Weak signal: formal report language, not a call.

3 · What stood out

Key theme

Novohale will transition from the equity method to being valued at fair value as a financial asset, changing how investment results and fair value…

Valuation

Reverse DCF. Free cash flow from the last full fiscal year, grown for 10 years, discounted back, plus a terminal value. “Implied growth” is the rate the current price assumes.

Valuation unavailable: free cash flow and profit were negative in the last full year and on average over the last three, so there is nothing to discount.

Current price

16.30 zł

close of 2026-11-10

Revenue growth, 3 years

+1.5% a year

compound annual rate (CAGR)

Official channels

The company's own website and social media accounts.

Read between the lines

No major shifts flagged this period.

Tone

How upbeat the language was, compared with other companiesiTone counts positive minus negative finance words, adjusted for length. Executives mostly speak positively, so the labels compare each call with every company's latest call: “typical” is the middle third, “very upbeat” the top tenth, “cautious” the bottom tenth.. Dot: Q1 2026. Ring: Q1 2025.

Report language Upbeat (was very upbeat)

Upbeat for a company report — about as upbeat as in Q1 2025. Periodic reports carry legally required risk wording, so their tone moves little and is a weak signal.

Sentences that drove the tone
“However, in view of the rapid pace of events, the Company does not rule out the occurrence of factors that may negatively impact the Company's financial result in subsequent periods, especially due to the possible negative impact on...”
“At the same time, taking into account the high level of uncertainty in the macroeconomic and political environment, the Management Board emphasizes that this assessment was made based on the best available information and realistic development scenarios...”
“Continued dynamic growth of the generic drugs segment, including in particular the further growth of Salmex's global reach and sales”

Full figures

PLN · PAP Biznes report (2026-05-20)

Metric Q1 2026 Q1 2025 Change
Revenue 61.9M 49.3M +25.4%
Operating income -6.0M -18.8M Loss narrowed
Net income 162.6M -25.1M Turned profit
EPS 3.06 -0.47 Turned profit
P/E 12-mo loss 12-mo loss —

Topics

Topics are drawn from the full report text, not management commentary.

Most discussed now

  • The investment implementation should support the further scaling of the Group's activities, increasing operational independence in the…
  • The Company informed about the conclusion of the Agreement in current report no. 4/2026 dated March 9, 2026.
  • In the event that other innovative projects of the Company reach advanced stages of clinical development
  • At the same time, the innovative segment recorded growth - revenues increased from 0.4 million PLN to 8.4 million PLN

Faded since Q1 2025

  • Fading Qualification of three Celon Pharma S.A. projects for funding
  • Fading Concise description of the Issuer's significant achievements or failures during the period covered by the financial statements, together…
  • Fading As part of the next stage, a demerger by spin-off of the Issuer and a transfer of the Business is planned.
  • Fading As part of the implementation of the Incentive Programs, eligible persons may acquire the right to subscribe for Series A warrants…

Latest announcements

Official filings, newest first.