ULMA Construccion Polska S.A.

ULMA Construccion Polska S.A.

GGPW:ULM
53.00
PLN
0.00
(0.00%)
1.92EPS
30.69P/E
310.08MMarket 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
39.86
36.63
34.71
34.34
38.3
42.57
43.64
36.27
39.93
38.23
38.76
42.66
46.74
45.92
Basic EPS, GAAP
0.02
-1.06
1.05
2.45
4.61
8.94
8.79
3.84
4.75
2.75
3.89
3.1
2.54
1.92
Free Cash Flow per Basic Share
10.99
6.72
8.52
0.03
3.13
6.08
4.72
6.89
5.04
-1.43
3.8
-9.04
1.81
0.24
Dividend per Share
2
- -
- -
- -
5.4
3.81
5.71
2.6
7.62
- -
3.81
2.3
- -
- -
Book Value per Share
56.92
55.14
55.02
57.55
56.29
61.43
65.48
65.92
63.82
65.3
63.88
64.17
65.47
64.96
Tangible Book Value per Share
56.81
55.09
54.98
57.51
56.21
61.39
65.44
65.88
63.78
65.27
63.82
64.14
65.47
64.91
Basic Weighted Avg Shares
5
5
5
5
5
5
5
5
5
5
5
5
5
5
Sales/Revenue/Turnover
209
192
182
180
201
224
229
191
210
201
204
224
246
241
Operating Margin (%)
2.25
-2.06
4.67
10.19
17.31
28.27
27.85
14.02
15.9
10.09
12.33
9.87
10.76
9.02
Depreciation Expense
79
68
53
49
44
35
43
45
44
52
45
53
58
58
Net Income, GAAP
- -
-6
6
13
24
47
46
20
25
14
20
16
13
10
Effective Tax Rate (%)
76.34
- -
24.44
23.4
21.74
19.2
21.81
18.95
21.62
20.21
18.85
21.03
21.51
22.02
Profit Margin (%)
0.04
-2.9
3.02
7.14
12.03
21.01
20.14
10.59
11.9
7.19
10.04
7.27
5.43
4.19
Working Capital
42
68
86
94
82
88
81
76
70
50
67
23
23
24
LT Debt
11
- -
- -
- -
- -
- -
5
4
8
6
4
19
18
17
Total Equity
299
288
289
302
296
323
344
346
335
343
336
337
344
341
Return on Invested Capital (%)
0.27
- -
2.39
4.16
8.28
15.84
14.92
6.41
7.81
3.82
5.81
4.76
4.75
3.38
Return on Capital (%)
0.26
- -
1.9
4.34
8.04
15.07
13.78
5.84
7.25
4.37
6.15
4.96
4.16
3.15
Return on Common Equity (%)
0.03
-1.9
1.91
4.36
8.1
15.19
13.85
5.85
7.33
4.26
6.03
4.84
3.92
2.99

Capital Structure

PLN

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
4
4
4
LT Borrowings
14
14
13
LT Finance Leases
5
4
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5
5
5
Market Capitalization
313
323
310

Working Capital

PLN

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
63
75
70
Cash, Cash Equivalents & STI
1
11
5
Accounts Receivable, Net
51
52
56
Inventories
11
9
9
Total Current Liabilities
44
52
47
Payables & Accruals
- -
- -
- -
ST Debt
4
4
4
Deferred Revenue
- -
- -
- -

Growth Rates

PLN

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.82%
-0.11%
2.03%
Free Cash Flow
1,054.07%
-195.77%
-120.03%
Net Income, GAAP
24.26%
-3.08%
-18.11%
Sales/Revenue/Turnover
3.41%
5.36%
9.56%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
49
54
57
65
224
2025
53
63
60
69
246
2026
49
- -
- -
- -
- -

Quarterly Earnings Per Share

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.34
0.55
1.08
1.13
3.1
2025
0.06
0.66
0.73
1.09
2.54
2026
-0.56
- -
- -
- -
- -

Quarterly Dividends Per Share

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
2.3
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Rodolfo Carlos Muniz Urdampilleta
Full Time Employees
435
Sector
Distribution services
Industry
Wholesale distributors
Address
Koszajec 50 Brwinow MZ Poland 05-840
IPO Date
May 21, 1997
Business
ULMA Construccion Polska S.A. operates primarily in Poland, specializing in providing comprehensive construction equipment and services including design, assembly, leasing, and sales of scaffolding, formwork, shoring, and safety systems for residential, non-residential, civil engineering, and restoration projects. The company's core product offerings encompass concrete wall and slab formwork systems; self-climbing and climbing formwork; dam, tunnel, and bridge formwork; heavy-duty shoring towers; scaffolding systems; and safety platforms. It also provides construction site services such as consulting, logistics, construction staff training, and supervision support. ULMA Construccion Polska extends its operations beyond Poland into Central European markets including Ukraine, Russia, and the Baltic countries through subsidiaries, serving general building contractors with both sale and rental services. Founded in 1994 and headquartered in Poland, the company is majority-owned by ULMA CyE, S. Coop. In the most recent period, ULMA Construccion Polska has demonstrated strategic growth by increasing its sales revenue across both construction site services and the sale of building materials, reporting a 13.6% rise in consolidated sales revenue in 2024 compared to the previous year. It has notably expanded market penetration in Ukraine and Baltic countries and recorded significant growth in the Polish building materials segment. The company further strengthened its operational capabilities by acquiring a logistics center in Gdańsk and investing substantially in formwork equipment. ULMA Construccion Polska has also successfully renewed certifications supporting its sustainability strategy, reflecting its commitment to corporate responsibility. Operationally, the company continues to prioritize innovation and customer support with advancements in engineered product offerings such as modular and heavy-duty formwork and scaffolding systems designed for efficiency and safety on construction sites. ULMA Construccion Polska S.A. maintains subsidiaries including ULMA Opalubka Ukraina and ULMA Cofraje in Romania, facilitating regional market service and growth. The company operates with a workforce of over 400 employees, balancing manufacturing with comprehensive site services. Recent financial disclosures highlight enhanced EBITDA and consolidated net financial results, confirming ULMA's stable financial position and sustained industry presence. This focus on expanding geographic reach, product innovation, and sustainability underpins ULMA Construccion Polska's current strategic direction within the construction engineering sector.