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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 2022 were as follows: Poland, Hungary and Ukraine. In 2022, the Group’s revenues generated on these four markets accounted for 93.8% 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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791.7 PLN million

of revenues (2022)

41.3 PLN million

of net profit (2022)

13.4%

EBITDA margin (2022)

1 100

employees

12,480 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

    2022

    In 2022, the Śnieżka Group generated sales revenues of PLN 791.7 million. Obtaining comparable year-on-year revenues of the Group was also possible owing to a properly shaped marketing and sales strategy as well as pricing policy. On the largest markets for the Group – in Poland and Hungary – the industry recorded decreases in sales in terms of volume. Despite such a tough and unstable economic environment, last year the Group increased its share on all three core markets for the Group: Polish, Hungarian and Ukrainian.

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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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20.11.2023 Outstanding performance of the Śnieżka Group in the 2023 season
The Śnieżka Group recorded a successful season in 2023, achieving an increase in sales revenues by 8.3% y/y in the first three quarters. The sales increased by 9.0% on the Group's largest market, Poland. The share of the Ukrainian market, the third in the sales structure, again exceeded 10%, thus approaching pre-war levels. In turn, margins returned to pre-pandemic values.
19.09.2023 The Śnieżka Group in the first half of the year: performance above expectations
In the first half of 2023, the Śnieżka Group generated sales revenues 7.7% higher than last year and recorded an increase in profits. The performance was primarily influenced by higher sales on the most important Polish market for the Group as well as high sales dynamics in Ukraine - the third market for the Śnieżka Group. In the second part of the season, the proprietor of the following brands: Magnat, Śnieżka and Vidaron is to focus on strengthening their market position. The margin protection remains essential to the Management Board.
06.09.2023 The Śnieżka Group joins the Polish ESG Association
The Śnieżka Group has joined the group of members of the Polish ESG Association - a platform that connects organizations, local governments, corporations and smaller businesses around the ESG idea, creating space for cooperation, exchange of ideas and common development. Activities undertaken within the Association are to support the implementation of the Company's objectives set as part of Śnieżka's Sustainable Development Strategy 2023+.
03.08.2023 Śnieżka's debut in EcoVadis was rated gold
Fabryka Farb i Lakierów Śnieżka SA was assessed for its activities in the area of sustainable development by EcoVadis - the world's largest provider of business sustainability ratings. As a result of an independent assessment, Śnieżka was awarded the EcoVadis Gold Medal, which places it among the top 5% of certified companies.
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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.