Sanok Rubber Company (SNK) Q2 2026 earnings summary

Executive summary

• Net sales for 1H 2026 reached 748.9 million PLN, a 0.3% increase from 746.8 million PLN in 1H 2025, indicating stable top-line performance.

• EBITDA for 1H 2026 was 77.1 million PLN, up 7.5% year-over-year, with the EBITDA margin improving to 10.3% from 9.6%.

• Net profit for 1H 2026 rose to 23.5 million PLN, a 14% increase from 20.6 million PLN in 1H 2025, with net profitability increasing to 3.1% from 2.8%.

• The Group maintained a stable asset base, with total assets at 1,284.9 million PLN and equity at 538.0 million PLN.

Financial highlights

• Q2 2026 net sales were 380.7 million PLN, down from 389.4 million PLN in Q2 2025.

• Q2 2026 EBITDA was 45.2 million PLN, up from 43.0 million PLN in Q2 2025, with the margin rising to 11.9%.

• Q2 2026 net profit increased to 17.2 million PLN from 13.4 million PLN in Q2 2025.

• Operating cash flow for 1H 2026 was 52.6 million PLN, with cash at period end at 114.6 million PLN.

• Dividend of 1.20 PLN per share declared, with a total payout of 27.4 million PLN scheduled for September 2026.

Outlook and guidance

• Strategic focus is on increasing business efficiency and shifting the sales mix toward higher-margin segments.

• Management highlights ongoing geopolitical risks (Ukraine, Middle East), inflation, and raw material price volatility as key factors for H2 2026.

• No formal financial guidance for 2026 was published.