Estimated sales revenue of PLN 4.36 billion and estimated adjusted EBITDA of PLN 140 million – these are the preliminary consolidated financial results of the Unimot Group for the second quarter of 2026. The results were achieved in an exceptionally challenging market environment, marked by the escalation of the conflict in the Middle East and the resulting high volatility in energy commodity prices.
In the corresponding period of the previous year, the Group reported PLN 3.72 billion in sales revenue and PLN 110 million in consolidated adjusted EBITDA, respectively.
“The volatile situation in the Middle East is affecting the functioning of both the physical and financial markets in an unprecedented way. Thanks to the diversification of our supply sources and the business model we have consistently developed, however, we are well prepared for market volatility. In recent months, we have acquired a wind farm development project, become the first private company in Poland to secure access to the second FSRU LNG terminal being developed in the Gulf of Gdańsk, thereby further expanding our competencies in the natural gas sector, and signed a long-term agreement for the supply of heat with the city of Czechowice-Dziedzice. We are diversifying our areas of activity, which means that the Group’s results are supported by multiple business segments. This is the foundation of our resilience and stable growth in the years ahead,” says Adam Sikorski, President of the Management Board of Unimot S.A.
“Given the market environment in Poland, in the second half of the year we will focus on the development of our foreign companies,” the President adds.
The liquid fuels segment generated adjusted EBITDA of PLN 37 million in the second quarter of 2026. During this period, the company observed a downward trend in the land premium, which led to a reduction in imports of diesel fuel by sea, as under these conditions such imports did not guarantee adequate profitability. At the same time, the segment’s results were positively affected by trading in fuels sourced from German refineries with which the Unimot Group concluded contracts for 2026, as well as by exports of products to the Ukrainian market. The company also notes continuing cost pressures in this segment, which intensified as a result of escalating geopolitical tensions in the Strait of Hormuz region and the inverted term structure of prices (backwardation) in the crude oil and fuel markets.
Due to the specific mechanism for settling the costs of mandatory fuel stocks, their final amount may be subject to subsequent revision.
The results of the liquid fuels segment in subsequent periods may also be affected by the proposed windfall tax on extraordinary profits generated in 2026 from the production and trading of selected liquid fuels. The legislation is currently under preventive review by the Constitutional Tribunal. Based on the analyses conducted, taking into account the legal status and information available as of the date of publication of the report, the Management Board estimates that, for the period from 1 March to 30 June 2026, the Unimot Group would not be required to make advance payments towards this tax. At the same time, this estimate does not prejudge the absence of an obligation to pay the tax for 2026 should the legislation ultimately enter into force.
The Infrastructure and Logistics segment, which includes fuel terminals and the rail company Olavion, continues to generate stable financial results. In the second quarter of 2026, adjusted EBITDA in this segment amounted to PLN 34 million.
Meanwhile, adjusted EBITDA in the bitumen segment amounted to PLN 67 million in the second quarter of 2026. The segment’s performance was supported by the effective use of trading opportunities.
Final operating and financial data will be published in the consolidated report for the second quarter of 2026.
