Skarbiec Holding (SKH) Q2 2026 earnings summary

Executive summary

• Consolidated revenue for H1 2026 reached PLN 86,040 thousand, up from PLN 40,096 thousand year-over-year, reflecting the full consolidation of Noble Securities S.A. acquired in April 2025.

• Net profit for H1 2026 was PLN 25,119 thousand, a decrease from PLN 32,181 thousand in H1 2025, with EPS at PLN 3.68.

• The group maintained strong capital adequacy and liquidity, with equity at PLN 313,307 thousand as of June 30, 2026.

Financial highlights

• Operating profit for H1 2026 was PLN 15,411 thousand, down from PLN 23,382 thousand in H1 2025.

• Total assets as of June 30, 2026 were PLN 1,101,873 thousand, with liabilities at PLN 788,566 thousand.

• Net cash from operating activities was PLN 27,716 thousand, while net cash used in investing activities was PLN -29,480 thousand.

• Dividend of PLN 49,921,765.82 was paid in July 2026 from the 2025 profit of the main subsidiary.

Outlook and guidance

• The group continues to monitor macroeconomic and geopolitical risks, including the impact of conflicts in Ukraine and Iran, and expects ongoing volatility in financial markets.

• No significant threats to business continuity or capital adequacy are identified as of the report date.