Mo Bruk

Mo-BRUK S.A. Resolves 2017 Waste Storage Fee Dispute

Mo-BRUK S.A., a leading Polish waste management company, announced the resolution of a long-standing administrative case concerning elevated waste storage fees from 2017. The Marshal of the Lower Silesian Voivodeship issued a decision on December 5, 2025, to dismiss the case as irrelevant, confirming that no additional payment of PLN 19,044,933 is required. The decision pertains to Mo-BRUK's hazardous waste landfill located on Górnicza Street in Wałbrzych, which includes a dedicated section for asbestos-containing waste. This ruling concludes the matter of increased fees for the specified year, aligning with the company's earlier communication in October 2025.

Relevance: This development is significant for Mo-BRUK S.A. as it resolves a financial and administrative issue related to its waste management operations, reinforcing its compliance with environmental regulations and financial stability.

Mo-BRUK S.A. Faces Legal Setback Over Waste Storage Fees

Mo-BRUK S.A., a leading Polish waste management company, has announced that the Provincial Administrative Court in Wrocław (WSA) has dismissed the company’s appeal regarding increased fees imposed for waste storage in 2019. The case pertains to the storage of hazardous waste containing asbestos at the Wałbrzych facility without an approved landfill instruction. The court upheld the decision of the Local Government Appeals Board (SKO) issued in May 2025. While the ruling is not final, Mo-BRUK has already paid the increased fees as disclosed in a prior company statement. The management is currently reviewing the court's justification and will decide whether to file a cassation complaint.

This development is relevant to Mo-BRUK S.A.'s business profile as it highlights regulatory compliance challenges in hazardous waste management, a core segment of the company’s operations.

Mo-BRUK S.A. Reports Q3 2025 Financial Results Amid Strategic Investments and Legal Challenges

Polish waste management leader Mo-BRUK S.A. has released its Q3 2025 financial results, reporting a revenue increase of 5% year-on-year (YoY) to PLN 210.16 million, driven primarily by its waste management segment, which accounted for 91% of total revenue. However, the company posted a net loss of PLN 12.12 million, attributed to a one-time write-off of PLN 65.2 million related to disputed environmental fees for 2018-2019. EBITDA dropped by 56.4% YoY to PLN 36.92 million, while operating profit (EBIT) fell by 80.9% YoY to PLN 13.77 million.

Key operational highlights include a 7.5% YoY increase in waste processing volumes to 256,400 tons and a 17% YoY growth in hazardous and medical waste incineration revenue to PLN 74.81 million. The company also invested PLN 7.5 million to expand its Niecwi facility, PLN 9.3 million to modernize its RDF production line in Karsy, and announced plans to increase capacity at its Jedlicze incineration facility to 16,000 tons per year by Q4 2025.

Mo-BRUK made strategic acquisitions, including Eco Point PSA for PLN 46 million, enhancing its hazardous waste processing capabilities in northern Poland. Additionally, the company secured significant contracts, such as a PLN 29.84 million hazardous waste removal deal with Gmina Mykanów and a PLN 15.4 million contract with Gmina Szczerców. Despite these advancements, rising operational costs and ongoing legal disputes over environmental fees remain challenges.

Mo-BRUK’s total debt stood at PLN 147.42 million, with net debt at PLN 112.18 million. The company paid a 2024 dividend of PLN 46.26 million (PLN 13.17 per share) in October 2025. Looking ahead, Mo-BRUK anticipates growth driven by increasing demand for hazardous waste incineration, regulatory changes, and expanded processing capacity, though risks such as legal uncertainties and rising costs persist.

Relevance: This article highlights Mo-BRUK S.A.'s financial performance, strategic investments, and legal challenges, directly aligning with its core business of waste management, facility expansion, and regulatory compliance.