Meaning for PKP CARGO:
Understood as all financial resources, funds, loans and other sources of financing as well as equity and foreign capital.
Pages containing Financial Capital
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...
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Our environment
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...
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Our Business
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...
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Our results
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
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Outlook
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...
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Our results
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:
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Our results
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...
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Our environment
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...
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Risks and opportunities
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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Outlook