Cognor Holding S.A.
COG.WA
Warsaw Stock Exchange7.08
PLN
+0.23
- -
Cognor Holding S.A.
COG.WA
(Warsaw Stock Exchange)
Recent
price
7.08
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Cognor Holding S.A. Cognor Holding S.A. operates as a vertically integrated steel producer and distributor, processing scrap metal into billets and finished steel products through its subsidiaries and branches. The company, founded in 1991 and headquartered in Poraj, Poland, manufactures a wide range of steel items including flat plates and bars, round rolled peeled bars, slabs, round and square bars, reinforcing bars, billets with rounded edges for forgings, sections, T-profiles, equal and unequal angles, metal sheets, polygonal ingots, carbon and medium-alloy steels, high-alloy and special steels such as carburizing, quenching and tempering, heat-resistant, wear-resistant (Hadfield’s X120Mn12), and armour steels; it also produces non-ferrous metal products like bronze, brass, copper, brass bars, aluminium alloys, graphite electrodes, ferroalloys, and refractory materials, alongside scrap metal trading and processing services. Cognor Holding S.A. provides ancillary services encompassing transportation, sheet metal prefabrication and fabrication, processing, laboratory analysis including chemical and metallography testing; the group serves wholesale and retail markets primarily in Poland, the Czech Republic, Germany, and other international destinations, with significant exports to Europe. Key production facilities include HSJ Branch in Stalowa Wola producing billets (rectangular 270x320mm, 130x800mm, 180x800mm, 190x1030mm), forging billets (square 50-130mm), rods (55-120mm), thin and thick metal sheets, polygonal forging ingots (2-15 tons), and profile cutting products; Ferrostal Branch in Gliwice for billets (square 100-160mm, rectangular 165x140mm, round 170mm); Zawiercie Branch for flat bars (20x4mm to 150x40mm), blade bars, round and square rods, clamp and shin sections, lining sections; Kraków Branch (Profil) for rebars (8-16mm), flat and round rods, tee bars, angle bars; and Złomrex Branch in Wrocław for scrap steel and non-ferrous scrap. Cognor Holding S.A. , a subsidiary of 4workers Sp. z o.o. and controlled by PS HoldCo Sp. z o.o. (75.49% stake), employs 1,907 people across its structure featuring 94.41%-owned Cognor S.A. (with branches in Gliwice, Zawiercie, Kraków, Siemianowice Śląskie, Stalowa Wola, Katowice, Poraj, Wrocław), full ownership of JAP Industries s.r.o. in Czechia, and other entities like Cognor Holding S.A. Sp.k., Hutnik Kraków Sp. z o.o.. Recent developments include the registration of Ferrostal Branch in Siemianowice Śląskie on April 22, 2024, to support ongoing modernization; incremental share purchase in Cognor S.A. raising ownership to 94.41% in 2024; issuance of 120,000 series 1/2024 secured bonds (PLN 120 million) on January 15, 2024, maturing January 15, 2029, with partial early redemptions planned; and an investment agreement signed November 17, 2025, with majority shareholder PS HoldCo. The group pursues mid-term technological upgrades at plants including Gliwice EAF, Kraków and Siemianowice Śląskie rolling mills to cut costs, expand products, enhance quality, and reduce emissions amid challenging steel prices and spreads in 2024.