HDR GPW Periodic report · PAP Biznes

PHS Hydrotor SA (HDR) · Q1 2026 results

Share price: 7.34 zł · 2026-11-10

Results Q1 2026 vs Q1 2025 · year over year · published 22 May 2026 and 23 May 2025

Net loss widened year on year. The language turned more cautious.

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

1 · Numbers

Loss widened

Net income vs Q1 2025

Net income -3.3M vs -1.5M

Revenue −11.2%

2 · How the report reads

More cautious

Language tone vs last period

Report language: cautious for a company report — more cautious than in Q1 2025.

Weak signal: formal report language, not a call.

3 · What stood out

Key theme

Consolidated revenue increased in the other products segment and for WZM Wizamor, where sales grew by 22%.

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

7.34 zł

close of 2026-11-10

Revenue growth, 3 years

−11.5% a year

compound annual rate (CAGR)

Official channels

The company's own website and social media accounts.

Read between the lines

  1. Rising

    The company plans to sign an agreement with a specialized real estate brokerage firm to prepare offering documentation to support sales.

    Source quote
    “The Issuer plans to enter into an agreement with a specialized real estate brokerage firm, which will be responsible for preparing the offering documentation.”

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 Cautious (was upbeat)

Cautious for a company report — more cautious than 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
“High tariffs and the deglobalization trend of supply chains may cause a slowdown of the global economy, a decrease in the pace of economic exchange, and longer lead times for orders and slower financial flows.”
“In the company ZEHS Agromet, turnover fell by (-19%) compared to the first quarter of 2025, while in PHS Hydrotor, the revenue decrease amounted to (-9%).”
“The export market looks significantly worse, where a decline of (-14%) was recorded for this period, while on the domestic market, the decline amounted to (-7%).”

Full figures

PLN · PAP Biznes report (2026-05-22)

Metric Q1 2026 Q1 2025 Change
Revenue 27.4M 30.8M −11.2%
Gross profit 449.0K 1.6M −72.6%
EBITDA 385.0K —
Operating income -2.4M -1.5M Loss widened
Net income -3.3M -1.5M Loss widened
EPS -1.37 -0.61 Loss widened
P/E 12-mo loss 12-mo loss —

Topics

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

Most discussed now

  • Determining the Company's ability to continue operations
  • The consolidated quarterly report was prepared using the rules for the valuation of assets and liabilities and the measurement of the net…
  • Fading In the company ZEHS Agromet, turnover fell by (-19%) compared to the first quarter of 2025; in PHS Hydrotor, the decrease in revenue…
  • The most important goals for the coming months are stabilizing the situation, increasing sales revenue, maintaining supply chain security…
  • The companies continue to carry out activities aimed at reducing operating costs and increasing revenues.

Faded since Q1 2025

  • Fading As a supplementary reporting format, a breakdown into geographical segments based on revenues generated from customers located within the…
  • Fading The primary objective is to achieve the stabilization of the situation in the Hydrotor Capital Group, with particular focus on the dominant…
  • Fading The issuer seeks solutions by increasing the efficiency of production processes.
  • Fading The continuous pursuit of increasing revenue, seeking new markets, and reducing operating costs are the primary goals that the Issuer has…

Latest announcements

Official filings, newest first.