Lena Lighting S.A.

Lena Lighting S.A.

GGPW:LEN
2.02
PLN
0.00
(0.00%)
-0.03EPS
54.48MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
4.05
4.47
4.95
5.25
5.51
5.24
4.76
5.26
5.97
6.94
6.7
5.51
5.7
5.61
Basic EPS, GAAP
0.37
0.4
0.36
0.37
0.43
0.29
0.25
0.5
0.37
0.38
0.4
0.1
0.08
-0.03
Free Cash Flow per Basic Share
0.21
-0.47
0.39
-0.19
0.23
0.43
0.35
0.48
-0.85
0.47
0.56
0.09
0.22
-0.12
Dividend per Share
0.3
0.3
0.3
0.55
0.3
0.15
0.3
0.3
0.3
0.1
0.2
0.2
0.1
0.1
Book Value per Share
3.58
3.68
3.75
3.57
3.7
3.84
3.79
3.99
4.05
4.34
4.53
4.43
4.41
4.24
Tangible Book Value per Share
3.58
3.68
3.75
3.57
3.7
3.83
3.77
3.97
4.04
4.32
4.51
4.41
4.4
4.23
Basic Weighted Avg Shares
25
25
25
25
25
25
25
25
25
25
25
25
25
25
Sales/Revenue/Turnover
101
111
123
130
137
130
118
131
148
173
167
137
142
139
Operating Margin (%)
10.63
10.63
8.98
7.72
9.09
6.71
6.61
11.8
7.63
7.43
7.24
2.16
1.95
-1.33
Depreciation Expense
3
3
3
3
4
5
5
6
6
6
7
7
7
7
Net Income, GAAP
9
10
9
9
11
7
6
12
9
10
10
2
2
-1
Effective Tax Rate (%)
19.59
19.88
18.46
20.02
20.12
19.68
21.64
22.09
16.84
21.28
19.49
30.62
23.98
- -
Profit Margin (%)
9.11
9.01
7.33
7.08
7.86
5.56
5.17
9.49
6.14
5.53
5.93
1.82
1.44
-0.61
Working Capital
51
51
54
51
51
51
47
54
50
56
60
56
57
53
LT Debt
- -
- -
- -
1
- -
- -
- -
2
2
3
3
1
1
- -
Total Equity
89
92
93
89
92
96
94
99
101
108
113
110
110
106
Return on Invested Capital (%)
9.73
10.32
9.78
9.44
12.09
7.1
6.51
11.61
8.4
8.49
8.25
2.14
1.85
- -
Return on Capital (%)
10.41
10.93
9.59
9.94
11.5
7.59
6.41
12.58
8.27
8.55
8.6
2.23
1.86
- -
Return on Common Equity (%)
10.41
11.1
9.76
10.14
11.91
7.72
6.45
12.84
9.11
9.15
8.96
2.24
1.86
-0.79

Capital Structure

PLN

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2
5
9
LT Borrowings
- -
- -
- -
LT Finance Leases
1
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
25
25
25
Market Capitalization
64
57
54

Working Capital

PLN

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
79
82
83
Cash, Cash Equivalents & STI
3
1
1
Accounts Receivable, Net
29
36
32
Inventories
39
41
42
Total Current Liabilities
22
26
30
Payables & Accruals
- -
- -
- -
ST Debt
2
5
9
Deferred Revenue
- -
- -
- -

Growth Rates

PLN

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.71%
2.12%
-0.4%
Free Cash Flow
-63.76%
-73.35%
132.41%
Net Income, GAAP
-3.75%
-22.24%
-18.1%
Sales/Revenue/Turnover
1.95%
2.39%
3.51%
Total Cash Common Dividend
- -
- -
-49.99%

Quarterly Revenue

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
33
31
33
39
137
2025
33
37
34
37
142
2026
33
34
- -
- -
- -

Quarterly Earnings Per Share

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
-0.02
0.05
0.06
0.1
2025
- -
0.04
0.06
-0.02
0.08
2026
-0.04
-0.03
- -
- -
- -

Quarterly Dividends Per Share

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.2
- -
0.2
2025
- -
- -
0.1
- -
0.1
2026
- -
- -
- -
- -
- -

Company Description

CEO
Wlodzimierz Lesinski
Full Time Employees
205
Sector
Producer manufacturing
Industry
Building products
Address
Kórnicka 52 Sroda Wielkopolska WP Poland 63-000
IPO Date
Jun 1, 2005
Business
Lena Lighting S.A. manufactures and sells high-quality LED lighting systems and luminaires in Poland and internationally. The company produces a broad range of products including interior lighting such as office lamps, downlights, light boxes, and linear fixtures and systems; architectural lighting; industrial and machine lighting; portable worklights; exterior lighting and floodlights; street lights; emergency lighting features; UV-C disinfection lamps like the Sterilon family for air and surface sterilization; and electro-technical accessories such as electronic transformers and extension leads; it also provides lighting design software Prometheus 3.0, expert consultancy, and comprehensive lighting project services. Founded in 1989 and headquartered in Środa Wielkopolska, Poland, Lena Lighting operates subsidiaries including Lena Lighting Hungary Kft, Lena Lighting GmbH, and Luxmat Investment Sp. z o.o., with exports to over 70 countries encompassing Germany, France, Czech Republic, Sweden, Hungary, Russia, and other European and non-EU markets. The company, listed on the Warsaw Stock Exchange since 2005 under ticker LEN.WA, maintains technologically advanced production facilities producing millions of luminaires annually and employs approximately 191 people. Recent developments include winning Red Dot Design Awards in 2022 and 2023 for luminaires such as Sizzano, UV-C Sterilon Flow Premium, and Collinex Terrano, along with an iF Design Award 2025 for the Skver LED modular street luminaire line; launching a new SMT production line in December 2021 capable of 80,000 components per hour; expanding laboratory facilities with ISO/IEC 17025:2017 accreditation and CTF Stage certification for ENEC processes; introducing a new logotype and external identification in October 2021 emphasizing design and ecology; establishing cooperation with designer Dorota Koziara for a new LED collection; and completing infrastructure expansions such as a new 1,200 sqm warehouse and production hall in 2021, a 400 sqm employee office with Human Centric Lighting in recent years, and ongoing investments in research and production capacities.