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OTM GPW Periodic report · PAP Biznes

ZPC Otmuchów SA (OTM) · Q1 2026 results

Share price: 4.44 zł · 2026-11-10

Results Q1 2026 vs Q1 2025 · year over year · published 1 Jun 2026 and 30 May 2025

Net income down 70.1% year on year. The report's language is unchanged.

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

1 · Numbers

−70.1%

Net income vs Q1 2025

Net income 2.2M vs 7.4M

Revenue −37.4%

2 · How the report reads

Unchanged

Language tone vs last period

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

Weak signal: formal report language, not a call.

3 · What stood out

Fading

Profit from the sale of fixed assets and the profit from the sale of ZCP by a subsidiary formed a key position in the remaining operating activities.

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

4.44 zł

close of 2026-11-10

P/E

12.2

today

Revenue growth, 3 years

+2.6% 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 Restrained (was restrained)

Restrained 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, this uncertainty is of a general nature and difficult to quantify unequivocally, and its impact remains dispersed and dependent on many external factors.”
“Additionally, the significant share of the largest customers in the sales structure means that potential disruptions in cooperation with key contractors could have a negative impact on revenues and financial results.”
“The Group limits this risk through natural balancing of flows in foreign currencies, ensuring that the impact of exchange rate changes is limited.”

Full figures

PLN · PAP Biznes report (2026-06-01)

Metric Q1 2026 Q1 2025 Change
Revenue 60.2M 96.1M −37.4%
Gross profit 15.1M 17.3M −12.5%
EBITDA 6.4M —
Operating income 3.3M 8.4M −60.3%
Net income 2.2M 7.4M −70.1%
EPS 0.07 0.24 −70.8%
P/E today 12.2 14.4 19.3 −4.9

Topics

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

Most discussed now

  • Within the SWEETS segment, these product groups produced by the Company are included.
  • New The gross amount less the write-offs already made on machinery and equipment intended for disposal as of the balance sheet date amounted to…
  • Apart from the events and circumstances described in this report, no factors or events of an unusual nature occurred during the first…
  • Agreements with key customers include provisions regarding penalties for, among others: delivery delays, product unavailability, quality…

Faded since Q1 2025

  • Fading The economic conditions in the confectionery products manufacturing industry, in which the Group operates, are correlated with the economic…
  • Fading This area has been identified as key to the Group's long-term growth and represents one of the main vectors for operational business…
  • Fading In order to determine the financial results of the segments, direct production costs and indirect production costs are allocated to each of…

Latest announcements

Official filings, newest first.

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