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Sales revenues structure

Sales revenues of the Śnieżka Group by country in 2023. In total, the Group’s revenues generated on all foreign markets in 2023 accounted for 31.0% of its total revenues.

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In terms of value, the sales structure of the Group was dominated by decorative products, whose share in the consolidated sales revenues amounted to 81.0%.

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Assets and key markets of the group

The Śnieżka Group actively operates on several markets in Poland and on several foreign markets.

The main markets of the Group in 2023 were as follows: Poland, Hungary and Ukraine. In 2023, the Group’s revenues generated on these four markets accounted for 94.2% of consolidated sales revenues.

Manufacturing facilities, warehouses, Logistics Centre and offices of the Śnieżka Group are located in four European countries.

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WARSAW

- seat of Śnieżka SA
- seat of Śnieżka Trade of Colours

BRZEŹNICA

- administration of Śnieżka SA
- administration of Śnieżka Trade of Colours
- Śnieżka SA manufacturing facility

LUBZINA

- Śnieżka SA manufacturing facility

PUSTKÓW

- Śnieżka SA manufacturing facility

ZAWADA

- Śnieżka SA logistics centre

RADOM

- seat of RAFIL SA
- RAFIL SA manufacturing facility

BÓCSA / HUNGARY

- seat of POLI-FARBE
- POLI-FARBE manufacturing facility

YAVORIV / UKRAINE

- seat of Śnieżka Ukraine
- Śnieżka Ukraine manufacturing facility

ZHODINO NEAR MINSK / BELARUS

- seat of Śnieżka BELPOL
- Śnieżka BELPOL manufacturing facility

Countries to which
we export goods:

Moldova
Lithuania
Kazakhstan
Czech Republic
Slovakia
Romania
Georgia
Armenia
Serbia
Algeria
Kyrgyzstan

- seat of Śnieżka SA
- seat of Śnieżka Trade of Colours

- administration of Śnieżka SA
- administration of Śnieżka Trade of Colours
- Śnieżka SA manufacturing facility

- Śnieżka SA manufacturing facility

- Śnieżka SA manufacturing facility

- Śnieżka SA logistics centre

- seat of RAFIL SA
- RAFIL SA manufacturing facility

- seat of POLI-FARBE
- POLI-FARBE manufacturing facility

- seat of Śnieżka Ukraine
- Śnieżka Ukraine manufacturing facility

- seat of Śnieżka BELPOL
- Śnieżka BELPOL manufacturing facility

Countries to which
we export goods:

Moldova
Lithuania
Kazakhstan
Czech Republic
Slovakia
Romania
Georgia
Armenia
Serbia
Algeria
Kyrgyzstan

140 million kg

of construction chemicals

4

countries where manufacturing facilities and warehouses are located

13

foreign markets

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857.8 PLN million

of revenues (2023)

83.5 PLN million

of net profit (2023)

18.6%

EBITDA margin (2023)

1 100

employees

9 583 MWh

total electricity consumption

34

mini-laboratories sponsored

The launch of the Logistics Centre is our largest individual investment in fixed assets in the last dozen or so years.

Piotr Mikrut President of the Management Board
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  • Śnieżka Annual Report

    2023

    In 2023, the Śnieżka Group achieved sales revenues of PLN 857.8 million, representing an 8.3% increase compared to the previous year. The consolidated performance was positively influenced by higher sales on the Polish market, which has a dominant share in the Group’s total revenues, and significantly higher sales on the Ukrainian market, which is rebuilding its share in the Group’s revenue structure. Lower sales on the Hungarian market had a negative impact on revenues in 2023.

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  • Development strategy

    The strategic objectives of the Śnieżka Group are focused on selected European and non-European markets

    while maintaining the leading position on the markets of Central and Eastern Europe, with the dominant role on the Polish market.

    The Group intends to achieve this objective by focusing on the development in specific countries and on strengthening its position in the segment of decorative paints on three strategic markets: Polish, Hungarian and Ukrainian. For the Group, the assessment of the above mentioned markets as prospective is the basis for the development a long-term presence strategy for those regions.

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  • Innovations

    Digital transformation of the Group

    More than a dozen thousand customers and business partners, as well as several hundred employees, already fully use modern IT solutions that were implemented as part of the digital transformation conducted in Śnieżka between 2018 and 2021. The project, called by the company “Change IT”, kept a number of business processes up-to-date in all areas of Śnieżka’s operations. Over a hundred staff in the organization and many external consultants were involved in its implementation.

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18.09.2024 Śnieżka publishes results for H1 of 2024
Śnieżka Group generated PLN 402.6 million in sales revenues in H1 2024, less by 7.3% y/y. In the period subject to the review, EBITDA amounted to PLN 67.4 million and net profit to PLN 31.7 million, less by 15.9% and 23.2%, respectively, y/y.
14.06.2024 Śnieżka again has been found among the largest paint manufacturers in Europe.
The Śnieżka Group has been recognised by the European Coatings Journal as the 25th largest and best selling manufacturer of paints and coatings based in Europe. In 2023, the revenues of the only Polish representative in the ranking reached EUR 178 million, which represents an increase by 12.7% y/y. This result has placed the Group second as far as the sales value growth is concerned.
22.05.2024 Śnieżka publishes results for Q1 of 2024
The Śnieżka Group generated in Q1 PLN 172.3 million in sales revenues, which means a year-on-year decrease by 14.5%. In the analysed period, the EBITDA amounted to PLN 26.3 million and the net profit was PLN 10.6 million, i.e. 29.8% and 38.7% less, respectively, compared to the same period of the previous year.
26.03.2024 Śnieżka doubled its net profit in 2023
The Śnieżka Group generated PLN 857.8 million in sales revenues in 2023, which means a year-on-year increase of 8.3%. In the analysed period, the EBITDA amounted to PLN 159.4 million and the net profit was PLN 83.5 million, i.e. 50.1% and 102.3% more, respectively, compared to 2022.
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ESG

Product responsibility throughout its life cycle is permanently embedded in the DNA of our business model. The path followed by each of our products - from the concept, through technological, production, logistic and commercial processes - is closely monitored and subjected to multidimensional control.
People are the virtue of our organization. We care for our employees and listen to the needs of local communities. Our priority is to build a culture of safety and commitment as well as the continuous development of the team. The "People" pillar also embraces collaboration and listening to the needs of the inhabitants of the communities in which we run our operations.
We build an organization based on an effective management system and business ethics, which allows us to minimize risk and ensure that key decisions are made in accordance with the interests of the company and its stakeholders. We care about the transparency of our activities as well as compliance with regulations, which translates into high standards of cooperation with shareholders, business partners and contractors.

  • Śnieżka's vision of sustainable development

    We present the Sustainable Development Strategy of Śnieżka 2023+. It covers 3 key pillars of our responsibility, and within these pillars we have identified a total of 9 priority areas.

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  • The Śnieżka Foundation supports the strategy of social responsibility implemented driven by Śnieżka

    Continuously since 2005, the Foundation has been running local and national educational projects, addressing them, in particular, to children and youth.

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  • As a listed company, FFiL Śnieżka SA is responsible for shaping the corporate governance

    Key ESG policies ensure compliance with legal regulations and consistency of normative acts, especially in the area of diversity, human rights, anti-corruption and environmental protection.

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The Śnieżka Group is one of the market leaders in paints and agents for protection and wood decoration in Poland, Hungary and Ukraine (in the segment of decorative products) and also one of the leading manufacturers in the segment of gypsum putties in Belarus. The Śnieżka Group is one of the 25 largest paint manufacturers in Europe.