PKP CARGO

INTEGRATED REPORT 2018

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PKP CARGO vs the market

Polish market In 2018, there were 71 active rail operators on the rail transport market in Poland (including PKP CARGO S.A. and PKP CARGO SERVICE Sp. z o.o.). In this period, they carried a total of 250.2 million tons of cargo (+4.3% yoy) and...

Letter of Czesław Warsewicz, CEO of PKP CARGO S.A.

Dear Stakeholders, The previous year was a very good period for the PKP CARGO Group. I would even dare to say that it was the best year in the Group’s history. This was due to both high levels of transport indicators and outstanding...

CEO commentary on achieved results

Dear Stakeholders, In 2018, the PKP CARGO Group’s revenues exceeded PLN 5 billion. EBITDA was PLN 907 million and net profit reached almost PLN 184 million. This was our record performance in terms of revenues...

PKP CARGO Group results and perspectives

PKP CARGO Group resultsThe PKP CARGO Group posted its highest results since going public.In 2018, the PKP CARGO Group generated the highest operating revenue since 2013 The PKP CARGO Group posted its highest EBITDA since going public ...

Consolidated Statement of profit or loss and other comprehensive income

The data for the 12 months ended 31 December 2017 have been restated as described in Notes 1.3, 1.4 and 1.5 to these Consolidated Financial Statements.In the periods covered by these Consolidated Financial Statements, there were no non-controlling...


Summary of PKP CARGO Group 2018 results

In 2018, the PKP CARGO Group posted record operating revenue, EBITDA and net result. PKP CARGO Group 2018 results – Unchallenged leading position  Cargo categories: ...

Macroeconomic environment

Polish economy Even though Poland currently ranks among the fastest-growing economies in the European Union, the country’s economy has already passed the peak of the current business cycle. As a consequence, the coming quarters are expected...

Key risks of PKP CARGO Group

PKP CARGO Group identifies following areas of risk: Risks related to the economic and market environmentRisk resulting from the macroeconomic situationPoland and the Czech Republic are important links in the European supply...

Future - Ensuring security of Group’s operations

Security of the PKP CARGO Group’s operations, both now and in the future, is achieved by implementing and maintaining, in PKP CARGO S.A. and its subsidiaries, the following internal systems and functions matching the size, type and scale of their...

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