GRC NewConnect Periodic report · PAP Biznes

GRUPA Recykl SA (GRC) · Q2 2026 results

Share price: 62.80 zł · 2026-11-10

Results Q2 2026 vs Q2 2025 · year over year · published 14 Aug 2026 and 14 Aug 2025

Net income down 45.0% year on year. The language turned more cautious.

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

1 · Numbers

−45.0%

Net income vs Q2 2025

Net income 2.7M vs 4.9M

Revenue −1.9%

2 · How the report reads

More cautious

Language tone vs last period

Report language: typical for a company report — more cautious than in Q2 2025.

Weak signal: formal report language, not a call.

3 · What stood out

GRC's revenues from recycling and recovery services decreased by 11.3% due to lower sales volume and price decreases of 5.8% and 5.9% respectively.

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: Q2 2026. Ring: Q2 2025.

Report language Typical (was upbeat)

Typical for a company report — more cautious than in Q2 2025. Periodic reports carry legally required risk wording, so their tone moves little and is a weak signal.

Sentences that drove the tone
“Lower by 11.3% revenues from recycling and recovery services, which was affected by lower sales volume and lower prices of 5.8% and 5.9% respectively,”
“The transaction allowed us, among other things, to increase the scale of activities and achieve the first synergies, increased the Group's commodity security, and strengthened the potential for further business expansion in the Baltic states region.”
“The direct impact of this situation on the operations of the Recykl Group remains limited, however, the consequences of the conflict and the risk of its escalation continue to be a significant macroeconomic environment factor.”

Full figures

PLN · PAP Biznes report (2026-08-14)

Metric Q2 2026 Q2 2025 Change
Revenue 38.1M 38.8M −1.9%
EBITDA 8.0M 9.1M −12.1%
Net income 2.7M 4.9M −45.0%
P/E today 11.8 12.5 10.9 +1.6

Topics

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

Most discussed now

  • To identify the Group's potential regarding the impact of the products manufactured on reducing the carbon footprint, as well as the impact…
  • The transaction allowed us, among other things, to increase the scale of Grupa Recykl's operations and achieve initial synergies.
  • Enabling shareholders to participate in the Company's growth process also (in addition to the nominal increase in share value) through the…
  • ... and through the Lithuanian company APG) and access to broad funding markets, which translates into operational efficiency and risk…

Faded since Q2 2025

  • Fading Sales revenues from products from tire processing were lower by 12.6%, resulting from lower sales volumes of rubber granules and powders by…
  • Fading The Capital Group companies conduct a collection of used tires, produce rubber granules (alternative fuels, clean SBR granules, rubber…
  • Fading Recykl Capital Group achieved higher revenues compared to the second quarter of 2024.
  • Fading Despite lower sales, the Company did not limit its production capacity in order to meet customers' needs if necessary.

Latest announcements

Official filings, newest first.