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View All NewsGrupa Pracuj full-year revenue up 19% as profits climb
04 April 2024
Grupa Pracuj (GPP: WSE), the parent company of a number of Eastern European job board brands, posted revenue of PLN 724.4 million (168.7 million), an increase of 19.0% when compared to the prior year.
| (PLN millions) | FY 2022 | FY 2022 | Change | FY 2023 (€ millions) |
| Revenue | 724.4 | 608.5 | 19.0% | 168.7 |
| Operating Profit | 281.8 | 246.1 | 14.5% | 65.6 |
| Profit before Tax | 231.7 | 220.8 | 4.9% | 53.9 |
| Net Profit | 187.7 | 164.5 | 14.1% | 43.7 |
The group operates in three regional segments: Poland, Ukraine and Germany.
Revenue by geography
| (PLN millions) | FY 2022 | FY 2022 | Change | FY 2023 (€ millions) |
| Poland | 509.8 | 510.0 | -0.04% | 118.7 |
| Ukraine | 41.8 | 26.1 | 60.0% | 9.7 |
| Germany | 176.1 | 75.0 | 134.7% | 41.0 |
Looking ahead, the group told Reuters (paywall) it sees revenue at PLN 1 billion (€232.9 million) while maintaining adjusted EBITDA margin over 40% by 2025.
Grupa Pracuj shares last traded at PLN 65.00 (€15.14), up 1.40% on the day and 7.14% below its 52-week high of PLN 70.00 (€16.30), set on 15 March 2024. The company has a market cap of PLN 4.44 billion (€1.03 billion).