{"id":26543,"date":"2026-05-29T07:14:50","date_gmt":"2026-05-29T05:14:50","guid":{"rendered":"https:\/\/selena.com\/?p=26543"},"modified":"2026-05-29T07:15:44","modified_gmt":"2026-05-29T05:15:44","slug":"the-selena-group-is-demonstrating-its-business-resilience-following-the-first-quarter-of-2026","status":"publish","type":"post","link":"https:\/\/selena.com\/en\/the-selena-group-is-demonstrating-its-business-resilience-following-the-first-quarter-of-2026\/","title":{"rendered":"The Selena Group is demonstrating its business resilience. Following the first quarter of 2026, the company has increased its profitability and reported almost 16% rise in operating profit (EBIT)"},"content":{"rendered":"\n

Growth in a Challenging Market Environment<\/strong><\/p>\n\n\n\n

The beginning of the year is traditionally a weaker period for most segments of the construction industry, and 2026 was no exception. An exceptionally cold winter, prolonged low temperatures, and snow cover significantly limited the ability to carry out fieldwork, as clearly confirmed by data from the Central Statistical Office (GUS)[1]<\/a>. Construction and installation output in the first month of this year fell by 12.8% year-over-year and by as much as 65.2% month-over-month compared to December 2025. Thus, it was one of the weakest Januaries in at least a decade and a result clearly below market expectations, which had forecast a decline of approximately 5%[2]<\/a>.<\/p>\n\n\n\n

On a global scale, the economy in the first quarter of 2026 also remained under the influence of high uncertainty resulting from geopolitical tensions \u2013 particularly in connection with the conflict in the Middle East \u2013 and a volatile regulatory and trade environment.<\/p>\n\n\n\n

– Today, it is essential for companies to accept that turbulence in the global economy is no longer an exception or a temporary state, but a new paradigm and the standard for doing business. In this reality, competitive advantage is built by those organizations that can quickly adapt to change and resolutely pursue the goal of scaling their business, even in the most demanding environment<\/em> \u2013 says S\u0142awomir Majchrowski, CEO of the Selena Group.<\/p>\n\n\n\n

The Selena Group\u2019s key financial indicators for the first quarter of 2026 confirm that the company, despite unfavorable macroeconomic factors, has maintained a stable level and remains on an upward trend.<\/p>\n\n\n\n

Selena Group\u2019s operating profit (EBIT) for the first three months of 2026 amounted to \u20ac7.8 million, representing a year-over-year increase of almost 16%. During the reporting period, the group also recorded an over 9% increase in net profit from continuing operations. Gross profit reached \u20ac6.5 million, while gross margin reached 36%, representing an increase of over 2 percentage points compared to the same period last year.<\/p>\n\n\n\n

The Start of the Year with Multidimensional Business Diversification<\/strong><\/p>\n\n\n\n

For the Selena Group, the fundamental tool for risk management in the challenging market conditions of the first three months of the year has consistently been\u2014and remains\u2014geographic and product diversification, as well as the active pursuit of competitive advantages.<\/p>\n\n\n\n

– Through the growth of key financial indicators following the first quarter of 2026, the Selena Group demonstrates that a period of economic stagnation should not mean a state of permanent limbo for the company<\/em> \u2013 notes S\u0142awomir Majchrowski<\/strong>. \u2013 For this reason, we regularly analyze the industry landscape and identify geographic markets and product niches that may gain significance \u2013 <\/em>adds the CEO of the Selena Group<\/strong>.<\/p>\n\n\n\n

\"S\u0142awomir
S\u0142awomir Majhrowski, the CEO of the Selena Group.<\/figcaption><\/figure>\n\n\n\n

As a result, in the first quarter of 2026, the company remained active in both geographic and product diversification.<\/p>\n\n\n\n

An example of progress in geographic diversification and locating production closer to customers is the investment announced in January regarding the construction of a second dry mortar production plant in Kazakhstan. The choice of this location is no accident\u2014Kazakhstan is a country with a rapidly growing economy, serving as a natural hub for Central Asia for the Selena Group and providing a solid base for further expansion in the region.<\/p>\n\n\n\n

It is worth noting that Asia is just one of the main directions for the Selena Group\u2019s international business expansion. Western Europe has remained equally important for years, with a particular focus on the Iberian Peninsula, which the company views as one of the Old Continent\u2019s most important economic centers.<\/p>\n\n\n\n

In this case, M&A processes remain the main tool for the Selena Group\u2019s development, as exemplified by the recent major transaction involving the acquisition of a 66% stake in the Portuguese holding company Irm\u00e3os Guimar\u00e3es Martins, SGPS, S.A. (Grupo IGM)\u2014a leader in the production and distribution of high-quality sandwich panels.<\/p>\n\n\n\n

– The acquisition of the Portuguese company represents another step in the Selena Group\u2019s consistent efforts to strengthen its position and expand its portfolio with products that have promising growth potential and align with current trends in the construction market. We are observing growing demand for innovative and technologically advanced thermal insulation materials, and the completion of this transaction reflects the importance of this segment in the Group\u2019s further development \u2013 <\/em>explains Andrzej Zygad\u0142o, Member of the Management Board for Corporate Development<\/strong>, responsible, among other things, for acquisition processes.<\/p>\n\n\n\n

\"\"
Andrzej Zygad\u0142o, Member of the Management Board for Corporate Development<\/figcaption><\/figure>\n\n\n\n

Changes in the portfolio as a response to industry challenges<\/strong><\/p>\n\n\n\n

In response to the real needs of professional contractors\u2014which is also one of the company\u2019s main goals and development priorities\u2014in March, the Selena Group launched an innovative product: the multi-position polyurethane foam Tytan Professional\u00ae REVO 360\u00b0. The key advantage of the REVO 360\u00b0 system is its unique design, which allows the foam to be applied at any angle of the can.<\/p>\n\n\n\n

\u2013 When developing new products, we consistently place the contractor\u2019s needs at the center of the design process. We respond to market signals and observe that the market responds very well to highly specialized products. There is a growing demand for innovative products and entire systems aimed at optimizing construction processes. By introducing REVO 360\u00b0, we are giving contractors a tool that eliminates the mechanical and application limitations the industry has struggled with for years. This is an investment in efficiency that directly translates into the profitability of our clients\u2019 projects<\/em> \u2013 says Micha\u0142 Specjalski, Member of the Management Board for Products and Innovation at the Selena Group<\/strong>.<\/p>\n\n\n\n

\"\"
Micha\u0142 Specjalski, Member of the Management Board for Products and Innovation at the Selena Group.<\/figcaption><\/figure>\n\n\n\n

In the coming months, the Selena Group will continue to pursue its established goals and development directions and will synergistically integrate the entities acquired in recent years into its global structure.<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n
\n\n\n\n

[1]<\/a> Source: Budownictwo zaczyna rok na minusie. Stycze\u0144 2026<\/a><\/p>\n\n\n\n

[2]<\/a> Source: Forum Bran\u017cowe | Produkcja budowlano-monta\u017cowa w styczniu 2026 portal bran\u017cy stolarki<\/a><\/p>\n\n\n\n

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\n\t\t\t\t\t\t\t\tPress release\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\tDownload<\/a>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t<\/section>\n\t\t","protected":false},"excerpt":{"rendered":"

The upward trend in the Selena Group\u2019s financial results continued after the first quarter of 2026. The global leader in the construction chemicals sector generated an operating profit (EBIT) of \u20ac7.8 million and a net profit of \u20ac5.1 million from continuing operations. At the same time, Selena increased its gross profit margin to 36%, representing an increase of more than 2 percentage points year-over-year. The Selena Group\u2019s consistently pursued management objectives effectively support the building of business resilience, even amid ongoing macroeconomic uncertainty.<\/p>\n","protected":false},"author":3,"featured_media":20954,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[98],"tags":[],"class_list":["post-26543","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investor-relations"],"acf":[],"yoast_head":"\nThe Selena Group is demonstrating its business resilience. 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