Trakcja Group Improves Its Results and Increases Its Order Backlog. Summary of 2025.
“Last year was a breakthrough for Trakcja – we returned to a path of profitable growth and improved the quality of our operations. This is the result of consistent decisions: streamlining the contract portfolio, greater cost discipline, increased efficiency and a focus on the quality of the projects we deliver. Today we are a stable organisation, fully ready for the next phase of infrastructure investment” – says Stefan Bekir Assanowicz, President of the Company.
Trakcja S.A. ended 2025 with a clear improvement in financial results. The Company increased revenue, improved profitability and strengthened operational efficiency. Revenue reached more than PLN 1.4 billion, which represents a 36% increase compared to 2024. Net profit was PLN 80 million (an increase of PLN 71 million year on year), and EBITDA reached PLN 112 million with a margin of 7.9%. At the same time, the Company’s operating profit rose to PLN 91 million, and gross margin reached 8.5%. Thanks to these good results, the Company reduced its debt from PLN 236 million to PLN 214 million.
Behind these results stands a year of intensive work and consistent action by the entire organisation. The remedial measures implemented since the end of 2024 and the execution of the adopted strategy began to bring results already during 2025, gradually rebuilding the stability and quality of the Group’s results.
Strong Results at Group Level
The Trakcja Group also recorded an improvement in financial results. Revenue amounted to PLN 2.24 billion, which represents an increase of PLN 139 million year on year. Net profit reached PLN 81 million (+PLN 45 million y/y), and EBITDA rose to PLN 167 million, with a margin of 7.4%, operating profit was PLN 125 million, and gross margin increased to 8.5%.
“The improvement in the Group’s results in 2025 is the result not only of revenue growth, but above all of a clear improvement in profitability and cost control. EBITDA of PLN 167 million and a stable margin confirm that we are effectively rebuilding the quality of our results” – stresses Tomasz Wardak, Member of the Management Board, Finance Director. The improvement in these results is the outcome of consistent operating actions carried out during the year, including streamlining the contract portfolio, strengthening cost control and limiting the impact of one-off events that weighed on the results in 2024.
“We are consistently improving the quality of our portfolio and the profitability of the projects we deliver. A stable contract base and better cost control translate into a clear improvement in the results of the entire Group” – adds Assanowicz, President of the Company.
High Order Backlog and Contracting Activity of the Group Such a clear improvement in results is the outcome of, among other things, the Group’s contracting activity. In 2025 the Trakcja Group signed contracts with a total value of more than PLN 3.3 billion, and its order backlog at the end of the year reached approximately PLN 4.4 billion. The structure of the orders being executed remains diversified, with a dominant share of railway contracts and a significant share of road, energy and maintenance projects. Key projects of the Group include, among others:
railway projects, including the Warszawa Wawer – Otwock line, LK201 (Somonino – Gdańsk Osowa), LK93 (Zabrzeg – Zebrzydowice), LK135 and LK137 (Gliwice Łabędy station), as well as works on LK143 (Bierutów – Oleśnica) and on selected sections of the C-E 59 line route, including the Wrocław Pracze – Głogów section,
road projects related to the implementation of the Central Transport Hub (Centralny Port Komunikacyjny, CPK),
energy investments (including LNG Klaipėda),
international projects – Rail Baltica, Via Baltica,
urban and tramway investments (Łódź, Toruń, Bydgoszcz).
“A high order backlog and its diversification give us good revenue prospects for the coming years. We are well prepared to take advantage of the scale of the investment programmes in rail, roads and energy. 2026 will be a difficult year for us, but we assume that the positive trend in revenue growth will be maintained” – stresses Stefan Bekir Assanowicz.
In 2025 Trakcja S.A. completed a number of significant infrastructure investments, including the construction of a road link to the northern bypass in Kędzierzyn-Koźle, a modern viaduct and the Radom Wschodni stop, as well as road projects in Łódź and road and bridge projects in Starachowice. At the same time, the subsidiary Kauno Tiltai carried out the modernisation of a key section of Via Baltica, strengthening the Group’s position in the international market.
Strategy and Prospects of the Group
In the second quarter of 2025 the Management Board of Trakcja adopted the “Trakcja Group Development Strategy for 2025–2030”, setting out the directions of further development in the coming years. The Group enters this period with good prospects, shaped by multi-year investment programmes in transport and energy infrastructure, including the National Railway Programme to 2030, the CPK Programme for 2024–2032, the railway maintenance programme to 2028, the Government Programme for the Construction of National Roads and the development plan of Polskie Sieci Elektroenergetyczne.
