Budimex Maintains Leadership in Polish Construction Market
The Budimex Group has once again confirmed its position as the undisputed leader of the Polish construction sector. According to Deloitte’s report, “Polish Construction Companies 2025. The Most Important Players, Key Growth Factors, and Prospects for the Development of the Industry”, Budimex ranks first across several key industry metrics, including revenues, sales results, net profit, and market capitalization.
This recognition highlights the Group’s continued ability to perform strongly even amid challenging market conditions, reflecting its strategic approach to growth, operational efficiency, and diversification of business activities.
Strong Revenue Performance
In 2024, the combined revenues of the fifteen largest construction companies in Poland exceeded PLN 47 billion, reflecting a modest increase of 0.7% compared to the previous year. Within this competitive landscape, Budimex continued to lead by a wide margin, with total revenues surpassing PLN 9.1 billion.
This achievement underscores the Group’s capability to capture significant market share and demonstrates its resilience in the face of macroeconomic and sector-specific challenges. Budimex’s revenue leadership is a direct result of consistent project execution, diversified service offerings, and a robust pipeline of both public and private contracts.
Highest Sales Result in the Industry
Budimex also achieved the highest sales result among Poland’s leading construction companies in 2024. Sales, defined as the difference between operating revenues and the cost of sales, amounted to nearly PLN 1.2 billion. This figure significantly outpaced the second-ranking company, which recorded sales of PLN 308 million.
Despite cost pressures affecting the sector, the Budimex Group maintained an impressive operating margin of 12.75%—a 1.27 percentage point increase compared to 2023. This performance highlights the Group’s operational efficiency and disciplined approach to project management, which ensures profitability even under challenging conditions.
Leading Net Profit for the Eighth Consecutive Year
In terms of net profit, Budimex continues to dominate the market, securing the top position for the eighth year in a row. In 2024, the Group reported a net profit of PLN 623.6 million. Although this represents a year-on-year decline of PLN 122.5 million, or 16.4%, Budimex maintained a clear advantage over other industry players.
Cezary Łysenko, Chief Operating Officer of Infrastructure and General Construction at Budimex SA, emphasizes the strategic focus behind these results: “The Deloitte report highlights the scale and stability of our operations in a challenging market environment. We prioritize predictable financial results, diversify our revenue streams, and strengthen operational efficiency. At the same time, we are developing new business areas and managing investments responsibly to respond to market dynamics and client needs.”
Leadership in Capital Expenditures
Budimex also led the industry in capital expenditures in 2024, investing over PLN 343.8 million in operational and technological development. This figure represents an increase of more than PLN 101.5 million compared to the previous year, demonstrating the Group’s commitment to expanding its operational capabilities and technological infrastructure.
These investments are crucial for maintaining competitiveness, enhancing project execution, and adopting innovative solutions in areas such as construction technology, renewable energy projects, and advanced maintenance services.
Strong Performance Beyond Construction
The Budimex Group’s leadership extends beyond traditional construction activities. In 2024, the company recorded approximately PLN 1.0 billion in revenues from non-construction operations. These activities include municipal waste management services, comprehensive road maintenance, technical maintenance of buildings, and the development of renewable energy projects.
This diversification not only strengthens Budimex’s revenue base but also ensures the Group’s resilience in a fluctuating construction market. By leveraging expertise in infrastructure management and environmental services, Budimex creates new growth opportunities while supporting sustainable development initiatives.
Market Capitalization Leader on the Warsaw Stock Exchange
Since 2011, Budimex has consistently maintained the highest market capitalization among construction companies listed on the Warsaw Stock Exchange (WSE). At the end of 2024, the Group’s capitalization reached approximately PLN 11.9 billion, securing its position as the most valuable construction company on the Polish public market, despite a year-on-year decrease of 25.5%.
This leadership reflects investor confidence in Budimex’s long-term strategy, financial discipline, and ability to navigate market fluctuations while delivering sustainable growth.
Significant Contribution to Public Finances
Budimex is also a major contributor to Poland’s public finances. The company is the largest corporate income tax (CIT) payer within the construction sector. According to the Ministry of Finance, Budimex has contributed over PLN 1.5 billion to the state budget over the past decade.
This substantial contribution highlights the Group’s embedded role in the national economy and reinforces its reputation as a responsible corporate citizen. By maintaining consistent tax payments and supporting national infrastructure development, Budimex demonstrates both financial strength and social responsibility.
Commitment to Stability and Innovation
The Deloitte report underscores Budimex’s ability to achieve stable results in a demanding market. Through careful planning, investment in technology, and strategic diversification, the Group continues to strengthen its leadership position while expanding into new business areas.
Budimex’s approach combines operational excellence with forward-looking strategies, including investments in renewable energy, advanced maintenance services, and municipal infrastructure. These initiatives position the Group not only as the leader in construction revenues but also as a pioneering force in delivering sustainable and technologically advanced solutions.
Outlook for the Future
Budimex’s strong results in 2024 and its consistent top ranking in Deloitte’s report demonstrate that the company is well-positioned to maintain its market leadership. With a focus on operational efficiency, revenue diversification, technological advancement, and responsible investment, Budimex is prepared to navigate future challenges and capitalize on emerging opportunities within the Polish construction sector.
The Group’s continued success reflects a commitment to delivering high-quality projects, fostering innovation, and contributing to the broader economy, ensuring that Budimex remains at the forefront of Poland’s construction industry for years to come.
Source link: https://budimex.pl/
