Estimated sales revenues of PLN 3,529 million and estimated adjusted EBITDA of PLN 101 million are the preliminary consolidated financial results of UNIMOT S.A. for the first quarter of 2026. The Group considers the achieved results satisfactory and confirming the resilience and stability of its business model. The results were generated in an exceptionally challenging market environment related to the escalation of the conflict in the Middle East and the resulting high volatility in energy commodity prices.
“The escalation of the conflict in the Middle East triggered unprecedented uncertainty and strong fluctuations in global commodity markets. Despite the exceptionally challenging market environment in the first quarter of 2026, we delivered solid financial results. Our trading office in Geneva continuously monitors the situation, while our diversified supplier base, including supplies from the United States, Norway, Sweden, and Germany, allowed us to maintain continuity of supply and operational stability,” said Adam Sikorski, President of the Management Board of UNIMOT S.A.
“At the same time, we did not slow down our pace. Among other achievements, we completed the first aviation fuel refueling at Warsaw Chopin Airport, our subsidiary Olavion finalized the acquisition of a 60% stake in the German railway company RBP, and we also carried out the first direct delivery of isobutane from the United States. These are concrete steps that consistently strengthen our market position,” added President Sikorski.
The liquid fuels segment achieved adjusted EBITDA of PLN 41 million in the first quarter of 2026. The increase in profitability of this segment was mainly driven by higher inland premiums year-on-year and the execution of contracts with German refineries, which improved supply stability and resilience to market fluctuations. Fuel exports to Ukraine also had a positive impact. On the other hand, the result was constrained by a strong backwardation trend, higher financing costs of mandatory reserves and working capital, as well as rising costs of maritime delivery premiums.
The infrastructure and logistics segment, which includes fuel terminals and the railway company Olavion, delivered stable financial results. In the first quarter of 2026, adjusted EBITDA in this segment amounted to PLN 33 million.
adjusted EBITDA in the natural gas segment reached PLN 18 million in the first quarter of 2026. The segment’s performance was supported by the use of its expanding sales structure, business customer network, and trading capabilities.
The final operational and financial data will be published in the consolidated report for the first quarter of 2026.
