Atrem Reports 141% Net Profit Surge in 2025, Declares Higher Dividend

Warsaw-listed Atrem, a specialist in energy automation and electrical infrastructure, reported a sharp improvement in financial performance for 2025, with net profit rising 141% year-on-year to PLN 37.5 million (approx. €8.3 million), up from PLN 15.6 million in 2024. The company’s board has proposed allocating PLN 19.9 million—over half of the annual profit—to shareholder dividends, marking a 28% increase in per-share payouts to PLN 2.16, compared to PLN 1.69 in the prior year.

The strong results were driven by a 66% surge in revenue, which reached PLN 311.9 million, while EBITDA climbed 122% to PLN 48.3 million. Fourth-quarter net profit alone accounted for PLN 16.5 million, underscoring accelerated momentum in the final months of the year. The performance reflects robust demand in Poland’s energy sector, where operators are ramping up investment in grid modernization and defense-related infrastructure.

Atrem’s order backlog stood at PLN 361 million as of the report’s publication, down from PLN 465 million in November 2025 but aligned with the company’s expectations amid prolonged contract finalization timelines for large-scale tenders. The firm noted that its bid pipeline expanded from PLN 2 billion in 2024 to over PLN 3 billion in 2025, with PLN 150 million in potential contracts currently under evaluation or nearing award.

Expansion in Energy and Defense Sectors In a statement, Atrem’s management highlighted Poland’s multi-year energy transition and defense modernization programs as key growth drivers. The company cited record-high capital expenditures by domestic energy operators, including PGE Energetyka Kolejowa, which is upgrading railway electrification infrastructure, as well as broader public-sector investments in grid resilience and military energy systems.

“The coming years will be defined by deep transformation in Poland’s energy landscape,” the company said, adding that its offer preparation teams had been expanded to capitalize on the uptick in tender activity. While contract signings have faced delays due to extended procedural requirements for large projects, Atrem expects its enlarged bid volume to convert into new awards in the near term.

Outlook and Shareholder Returns The dividend proposal—subject to approval at the upcoming Annual General Meeting—represents a 52% payout ratio, up from 45% in 2024. Analysts note that the increased return to shareholders signals confidence in sustained cash flow generation, despite the cyclical nature of public-sector procurement.

Atrem’s shares trade on the Warsaw Stock Exchange’s main market under the ticker ATR. The stock has outperformed the broader WIG-Industrials index over the past 12 months, reflecting investor optimism about the company’s exposure to Poland’s energy security and defense spending priorities.

The full 2025 financial report is available on the Warsaw Stock Exchange’s regulatory filings portal and Atrem’s investor relations website.