Mangata Holding with satisfactory results despite market challenges
In Q2 2024, Mangata Holding generated PLN 10.8 million in net profit, down 10% year-on-year. EBITDA amounted to PLN 25.9 million (-17%), and sales revenues dropped by 19%, reaching PLN 202.9 million. After H1, the group’s revenues amounted to PLN 424 million, and adjusted net profit was PLN 26.4 million. Despite the declines, cost optimization and production efficiency allowed it to maintain profitability. The group continues its activities aimed at reducing material and energy costs and further optimizing employment.