TRN GPW Periodic report · PAP Biznes

Trans Polonia SA (TRN) · Q1 2026 results

Share price: 13.55 zł · 2026-11-10

Results Q1 2026 vs Q1 2025 · year over year · published 25 May 2026 and 28 May 2025

Revenue up 134.5% year on year. The report's language is unchanged.

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

1 · Numbers

+134.5%

Revenue vs Q1 2025

Revenue 123.7M vs 52.7M

Why Revenue rose primarily due to a significant increase in liquid chemical transport.

2 · How the report reads

Unchanged

Language tone vs last period

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

Weak signal: formal report language, not a call.

3 · What stood out

Fading

Liquid transport revenue grew by 0.7%, accounting for 77.2% of Group sales revenue.

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

13.55 zł

close of 2026-11-10

Revenue growth, 3 years

+13.1% 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 Typical (was typical)

Typical 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
“Significant changes in reporting items, amounts having a significant impact on assets, liabilities, equity, net financial result, or cash flows, which are unusual due to their nature, size, impact...”

Full figures

PLN · PAP Biznes report (2026-05-25)

Metric Q1 2026 Q1 2025 Change
Revenue 123.7M 52.7M +134.5%
Gross profit 14.0M 4.1M +244.2%
Operating income 622.4M 436.0K +142660.6%
Net income — 897.0K
EPS -0.20 0.05 Turned loss
P/E 12-mo loss 23.2 —

Topics

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

Most discussed now

  • Unchanged requirements of IAS 1 were moved to IFRS 18 and other standards.
  • I recorded a sales increase of 134.5% compared to the same period last year, in which revenues amounted to 52,733 thousand.
  • Other significant information for the assessment of the personnel, asset, and financial situation, financial result and their changes, as…
  • Due to the fact that the main transport contracts contain a mechanism for passing on incurred fuel purchase costs to the principal, the…
  • Significant changes in reporting positions, amounts having a significant impact on assets, liabilities, equity, net financial result, or…

Faded since Q1 2025

  • Fading New standards and interpretations that have been published but have not yet entered into force

Latest announcements

Official filings, newest first.