Ambra (AMB) Q4 25/26 earnings summary

Executive summary

• Net sales increased by 0.7% year-over-year to 901.3 million PLN, with sales volume up 2.0% to 98.7 million bottles, outperforming a declining Polish alcohol market.

• Net margin improved by 1.0 percentage point to 37.2%, driven by a favorable sales mix and lower material costs despite higher volumes.

• EBIT remained stable at 88.0 million PLN (+0.8%), as margin gains offset increased operating costs, notably wages and amortization.

• Net profit attributable to shareholders rose 3.7% to 46.4 million PLN, with EPS at 1.84 PLN.

• Investment focus shifted from Poland to Romania, with record capital expenditures and continued dividend payments.

Financial highlights

• Net sales: 901.3 million PLN (+0.7% year-over-year); sales volume: 98.7 million bottles (+2.0%).

• Net margin: 335.6 million PLN (+3.5%); margin rate: 37.2% (+1.0 p.p.).

• EBIT: 88.0 million PLN (+0.8%); EBIT margin: 9.8% (unchanged).

• Net profit: 46.4 million PLN (+3.7%); EPS: 1.84 PLN (+4.0%).

• Operating cash flow: 103.4 million PLN (-3.7%); free cash flow: 33.2 million PLN.

• Net debt: 54.5 million PLN (0.45x EBITDA); equity ratio: 60.2%.

Outlook and guidance

• Strategic focus on high-value brands, NoLo (non- and low-alcohol) categories, and regional growth, especially in Czechia, Slovakia, and Romania.

• Emphasis on leveraging new production assets, ERP system, and selective acquisitions.

• No formal financial forecasts published.