Selena, a global leader in the production and distribution of construction chemicals and one of the four largest assembly foam manufacturers in the construction industry worldwide, generated nearly €6 million in gross profit in the first quarter of 2025.
The Selena Group’s operating profit (EBIT) for the first three months of 2025 was €6.8 million, which is an increase of over 6% from the same period last year. During this period, the capital group also recorded a 4.6% increase in net profit from continuing operations, reaching €4.7 million, as well as a gross profit of €5.9 million. These results demonstrate the capital group’s stable position and resilience to unfavorable economic conditions, which were particularly noticeable in the construction industry during the first months of the year.
For the Selena Group and many other construction-related companies, the first three months of 2025 were a time of facing difficult conditions in the sector. The global market situation, especially the geopolitical context, has led to a decline in demand for construction chemicals. In Poland, rising costs, excessive taxation, and relatively high raw material and supply prices are also hindering industry growth. Recent reports from the Central Statistical Office confirm the sector’s weak condition. These reports show that construction and assembly production fell by 1.1% year-on-year in March of this year. Furthermore, according to government analysts’ calculations, the number of completed dwellings fell by 4.6% year-on-year in the first three months of this year. Additionally, 11.6% fewer building permits were issued than a year ago, and 7.3% fewer construction projects were launched compared to the same period in 2024.
Despite the complicated market situation and global economic uncertainty, the Selena Group has maintained its stable position as an industry leader. The company closed the first quarter of 2025 with growth in key financial indicators. The Selena Group’s operating profit (EBIT) for the first three months of 2025 was EUR 6.8 million, which is over a 6% year-on-year increase. During this period, the capital group recorded a 4.6% increase in net profit from continuing operations, reaching EUR 4.7 million, as well as a gross profit of EUR 5.9 million. Gross profitability remained at 33.8%, the same level as last year.
“In the face of the economic downturn that the construction industry continues to experience at the national and international levels, the key to maintaining stable operations with an upward trend is careful management, with goals and directions that adapt dynamically to changing conditions,” said Sławomir Majchrowski, President of the Management Board of the Selena Group. “As a group, we operate on four continents, which allows us to better manage risk through geographical and product diversification tailored to the real needs of our end users. This allows us to maintain stable demand for our products even though we operate in the highly seasonal construction industry,” Majchrowski added.
In the coming months, the Selena Group intends to continue pursuing its goals and development directions. The company will focus on further diversifying its portfolio through mergers and acquisitions, both domestically and globally. These efforts will be supported by marketing initiatives that promote the highest quality products tailored to the needs of professional construction contractors.
