mcr Group S.A., formerly Grupa Mercor S.A., a company specialising in fire safety technologies, generated sales revenue of PLN 181.2 million in the 2025/26 financial year, covering the period from 1 April 2025 to 31 March 2026. This represented an increase of 10.7% year on year. EBITDA amounted to negative PLN 3.4 million, while the Group recorded a net loss of PLN 10 million.
The results for the past financial year reflect the transitional stage currently facing mcr Group. They were affected, among other factors, by the disposal of selected business assets and transaction-related costs of approximately PLN 14 million.
On 1 October 2025, the Group completed the sale of its natural smoke exhaust and fire ventilation operations to Kingspan Group, a global provider of insulation technologies and integrated building solutions.
The maximum consideration for the shares in the companies covered by the transaction amounts to PLN 420 million. The Group has already received PLN 330 million, while up to PLN 90 million remains payable as deferred consideration, subject to the achievement of specified consolidated EBITDA thresholds by 31 March 2026. The final settlement is expected in September 2026.
The transaction with Kingspan Group also included the sale of the Mercor brand. As a consequence, the company changed its name to mcr and introduced a new slogan: “TECHNOLOGIES FOR A SAFER TOMORROW”, reflecting the Group’s strategic transformation.
In January 2026, the Group completed a share buyback carried out through an invitation to submit offers to sell shares. Between 13 and 16 January, the company acquired a total of 6.28 million shares at PLN 21.50 per share, spending nearly PLN 135 million on the transaction.
“The key event of the past financial year was the completion of the sale of the Fire Ventilation and Natural Smoke Exhaust divisions to Kingspan Group. This was the second transaction of this scale in the company’s history involving the disposal of a separated business segment, following the sale of the fire-resistant doors and gates business in 2013.
“We are currently transforming the Group and adjusting the scale of our operations to the new organisational structure. As a result, the financial results for the past year reflect a transitional period and were affected by the consequences of the asset disposal,” said Krzysztof Krempeć, President of the Management Board of mcr S.A.
mcr Focuses on Digital Fire Safety Technologies
Looking ahead, the Group intends to focus on specialised solutions in active fire suppression systems and safety technologies supported by digital tools. It also holds shares in Elmech, a manufacturer of energy storage systems.
“We believe the building safety industry will follow the global trend towards digital transformation. In our view, the future lies in prevention increasingly based on electronics, advanced data analytics and intelligent networks.
“Fire protection equipment will become progressively more integrated with the Internet of Things and higher-level building management platforms, including physical security information management and building management systems.
“Individual safety components must communicate continuously with the building’s digital nervous system, automating emergency procedures and anticipating potential failures. As part of its updated mission, mcr S.A. considers this technological evolution an absolute priority and a major business opportunity. This is the essence of our slogan, ‘TECHNOLOGIES FOR A SAFER TOMORROW’,” Krempeć emphasised.
The Group currently supplies active fire suppression solutions, including fixed water-based extinguishing systems designed to protect people and property while limiting the risk of damage.
Its portfolio also includes innovative fire safety solutions based on Internet of Things technologies and wireless data transmission, as well as modern building management systems.
The Group continues to provide fire protection systems for building structures and fire compartmentation solutions that comply with stringent technical standards.
Its offering also includes industrial energy storage systems for manufacturing plants and critical infrastructure, supporting the energy transition.
Polish Market Drives Revenue Growth
In the 2025/26 financial year, mcr Group generated 52.3% of its revenue in Poland, equivalent to PLN 94.7 million. Foreign markets accounted for the remaining 47.7%, or PLN 86.5 million.
Domestic sales increased by 26.9% year on year, while foreign sales declined by 3.0%.
MCR GROUP RESULTS FOR THE 2025/26 FINANCIAL YEAR
| PLN thousand | 2025/26 | 2024/25 | Change |
|---|---|---|---|
| Sales revenue | 181,159 | 163,719 | +10.7% |
| Foreign sales | 86,452 | 89,096 | -3.0% |
| Sales in Poland | 94,707 | 74,623 | +26.9% |
| Gross profit on sales | 31,519 | 31,350 | +0.5% |
| Gross margin on sales | 17.40% | 19.14% | -1.74 pp |
| EBITDA | -3,429 | 9,229 | -137.2% |
| EBITDA margin | -1.89% | 5.64% | -7.53 pp |
| EBIT | -16,061 | -562 | — |
| EBIT margin | -8.87% | -0.34% | -8.53 pp |
| Net result | -10,029 | 3,200 | -413.4% |
| Net margin | -5.54% | 1.95% | -7.49 pp |
Following the disposal on 1 October 2025 of the natural smoke exhaust and fire ventilation operations conducted by the company and its subsidiaries, these activities have been classified as discontinued operations.
Between 1 April 2025 and 31 March 2026, the discontinued operations generated sales revenue of PLN 188.6 million and a net profit of PLN 232.3 million.
