Mirbud stock secures PLN 168.08 million Warsaw hall contract

Published on 09/30/2026 at 06:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mirbud stock secured a PLN 168.08 million Warsaw hall contract on September 25, 2026. First-half revenue rose 20.00 percent to PLN 1.45 billion.

Mirbud, PLMRBUD00015, Illustration mit AI erstellt.

Mirbud stock is tied to a PLN 168.08 million Warsaw sports and events hall contract signed on September 24, 2026, while the company enters the autumn with a PLN 8.89 billion order backlog through 2030. Investing.com reported on September 25, 2026, that Mirbud will design and build the facility for Warsaw University of Technology, with completion planned for December 2028.

Contract adds visibility through 2028

The project includes the hall, access roads, pedestrian areas, entrances and work near metro infrastructure. The 27-month schedule gives the contract a defined execution horizon and adds a public-sector project to Mirbud's construction portfolio.

Mirbud's first-half 2026 revenue reached PLN 1.45 billion, up 20.00 percent from the same period a year earlier. Sektor Kolejowy reported on August 31, 2026, that sales profit rose 50.00 percent to PLN 132.00 million and net income increased 24.00 percent to PLN 44.00 million.

Profit growth meets railway ambition

Building services generated 89.70 percent of operating sales in the first half, while railway infrastructure contributed 1.80 percent, up from 0.70 percent a year earlier. The mix shows why the backlog matters: Mirbud remains concentrated in construction, but railway work is expanding from a small base.

The company also signed a PLN 496.37 million railway contract on September 14, 2026, with its subsidiary holding a 50.00 percent consortium share. Mirbud published the report on September 14, 2026.

Analyst target stays at PLN 13.00

DM BDM raised its recommendation from Reduce to Accumulate while keeping its PLN 13.00 price target in a report dated September 9, 2026. Bankier.pl reported the change on September 16, 2026, adding that analysts identified railway orders, earnings growth and lower net debt as potential positives. The report also cited payment timing and the Rail Baltica tender process as risks.

Mirbud had a market capitalization of PLN 1.2 billion as of September 29, 2026. On the Warsaw Stock Exchange, the 52-week range was PLN 9.77 to PLN 15.27 on September 28, 2026, placing the share's recent valuation below its yearly high.