KGHM cuts off the dividend topic for 2025. “It's too early to talk”

Ashley Davis20/08/2025

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2025-08-20 13:34

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2025-08-20 13:34

KGHM estimates that it is too early to talk about dividend in 2025 due to market variability – the representatives of the board informed at a press conference.

KGHM cuts off the dividend topic for 2025. "It's too early to talk" — photo: Mateusz Szymański / / Bankier.pl

“It is too early now to talk about dividend, taking into account market variability,” said Piotr Krzyżewski, vice president of KGHM.

He pointed out that the course differences in the first half of the year were influenced by exchange rate differences.

“It's hard to say what will happen in the second half of the year,” said the vice president.

KGHM profit in Q2 lower than in I, but the results above the consensus

The corrected EBITDA of the KGHM Group in the second quarter of 2025 PLN 2,374 million against PLN 2,489 million in the first quarter – the company said in the report. The result turned out to be about 6 percent. higher than the PAP's consensus, which assumed PLN 2,235 million of corrected EBITDA.