Newag Q2 profit beats forecasts on strong margins
Polish train maker Newag's shares rose 10.1% after reporting Q2 net profit of 147.6 million zlotys ($38.85 million), beating forecasts. Margin improvement was driven by revenue recognition from older, more profitable locomotive contracts. Shares were on track for their best day since May 2025.
1%, after the company posted better-than-expected Q2 results. 85 million) late on Friday. Trigon DM analyst Lukasz Rudnik said there was a significant quarter-on-quarter margin improvement, driven by revenue recognition from older, more profitable locomotive sales contracts. Shares were on track for their best day since May 2025 if gains hold.
Up to the previous session’s close, the stock was up 5% YTD. 7993 zlotys)