Poland’s largest manufacturer of household
appliances focuses on quality and usability, which has helped it increase
profits despite the prolonged downturn in the European durable goods
market. The consistent implementation of
its long-term value-building strategy, ‘Back to Profitability’, continues to
yield tangible results, and Amica is ready to capitalise on the opportunities
that the coming periods are to bring.
The Amica
Group (WSE: AMC) recorded sales revenue of over PLN 2.4 billion in 2025, which
is a positive result (−6% year-on-year), given the complete phasing out of
sales on the Russian market, the sale of certain non-core assets, the
strengthening of the Polish zloty and, above all, the difficult situation on
the European household appliances market. In terms of geographical breakdown,
the Polish market accounted for 36% of product and goods sales, the Western
region, including Scandinavia, accounted for 49%, and other markets accounted
for 15%. It is important to note that Amica maintained its leading position in
Poland and increased its market share without resorting to an aggressive
pricing strategy, but by focusing on the quality, functionality and usability
of products that genuinely meet consumers’ needs. A decline in demand in
Germany and France forced Amica to adopt a more selective approach and greater
commercial discipline, while the success of restructuring measures in the UK
and a sustained improvement in results in that market were evident. Sales also
developed positively in the promising markets of Central Asia, particularly in
Kazakhstan.
‘The year 2025 demanded vigilance, decisiveness
and consistency from us. We were operating in an environment characterised by
weakened consumer demand in Europe, intense competitive pressure, and
geopolitical uncertainty. The year 2025 was a time for sorting out our
priorities, strengthening our foundations and building the Amica Group’s
resilience for the future. The consistent implementation of the “Back to
Profitability” strategy means focusing on our core business, on the products,
brands and markets where we hold a strong position. It also means a readiness
to take difficult decisions: optimising costs, restructuring selected areas and
making a change to the way we operate in areas that traditional models failed
to serve effectively. The result of this consistent approach is a visible
improvement in the Group’s profitability and financial stability, even though
market conditions remain challenging’, says Robert
Stobiński, President of the Amica Group.
The Amica
Group’s EBITDA for 2025 rose by 7% year-on-year to PLN 134.4 million,
representing an increase in the EBITDA margin of 70 basis points to 5.6%, which
exceeded the target set out in the strategy. Despite a fall in revenue,
improvements were also seen in operating, gross and net profitability:
operating profit consequently rose by 13% year-on-year to PLN 73.7 million,
gross profit increased to PLN 41.9 million (+50% year-on-year), and the net
profit of PLN 17.5 million represents a 33% increase compared with the previous
year. Amica has also optimised, for example, its inventory management,
increased its quality and turnover and reduced its value by over PLN 95 million
(17%), which has had a positive impact on working capital and cash flow from
operating activities.
‘Although we still are incurring fixed costs
related to the partially unused production capacity at our factory in Wronki,
and our revenue has fallen, we have managed to improve the profitability of our
operations and generate higher profits, even in nominal terms. We are in a
strong financial position; at the end of December, after paying out over PLN 15
million in dividends and covering our ongoing CAPEX, we had PLN 136 million in
cash, and our net debt-to-EBITDA ratio fell to its lowest level in years (0.44),
which means not only financial security but also plenty of scope for potential
investments, acquisitions and further business expansion’, says Michał Rakowski, Amica Group’s Vice-President for Finance.
In 2025,
the heart of the Amica Group – the factory in Wronki, which combines
experience, technical expertise and a modern approach to product design –
focused on improving production efficiency, further developing its research and
development facilities, and on quality, which is strategically crucial. It
should be noted that in 2025, further improvements in quality indicators
resulted not only in lower service costs but – more importantly – in increased
customer confidence in the Amica Group’s brands.
In 2025,
Amica introduced new products to the market, including new models of
freestanding fridges with increased capacity, premium built-in dishwashers and
innovative induction hobs. These quiet, Class A fridges, featuring elegant white inox, silk inox and dark inox
fronts, offer useful features (PerfectOpen, Care+Space, Multiflex shelf,
CoolBalance and Light Wall lighting) and are specially designed to allow the
fridge to be built into a recess (standard fridges require a gap of around 4–5
cm between the appliance and the surrounding furniture). Dishwashers, also in the highest energy efficiency class A, are
equipped with the TimeDisplay function, which projects the remaining time until
the end of the cycle onto the floor, as well as the SatelliteArm spray arm
system and the ability to control the appliance remotely via the Amica Smart
app. They also feature advanced touch control panels with 10 programmes
(including an automatic programme), MaxiSpace3 cutlery drawers and an automatic
door-opening function once the wash cycle has finished. Induction hobs with an integrated cooker
hood (DownAir) are a product that can be described as a hob and cooker hood
in one (2-in-1) – the perfect solution for saving space in the kitchen. The
cooker hood also instantly absorbs odours produced during cooking thanks to its
proximity to the source of the odours. DownAir features HoodControl – a smart
algorithm that monitors the intensity of cooking on the hob and adjusts the
hood’s power accordingly. The induction hob offers the same functionality as
traditional hobs, and the built-in hood uses a brushless BLDC motor to ensure
quiet work and low energy consumption. That’s not all. The DownAir hob can be
fitted into a drawer just 22 cm high, and it can also be installed flush with
the top.
Induction hobs with a matt ceramic glass
surface have
recently been launched. Development work continued until the end of 2025, while
production and sales on the Polish market began in January 2026. This new
solution combines two key functional and visual features. The matt surface of
Amica hobs is four times more scratch-resistant than that of standard ceramic
hobs. Furthermore, Amica’s matt induction hobs are three times more
impact-resistant; dirt does not stick to the surface, and the matt ceramic
glass effectively conceals everyday signs of use, such as smudges and
fingerprints.