Mex Polska SA, a company listed on the Warsaw Stock Exchange, is steadily implementing its development strategy for 2024–2028, focusing on intensive expansion of own outlets in Poland’s largest cities and maintaining operational efficiency. In the first quarter of 2025, the Group achieved net sales revenues of 25.9 million PLN, representing a 15% year-on-year increase. The sustained high revenue growth confirms the effectiveness of the chosen development direction and the growing scale of operations.
Proof of effective goal execution is the fact that Mex Polska plans to open as many as five new outlets in the first half of this year, aligning with its strategy for 2024–2028, which envisages six openings annually. In January this year, two new outlets commenced operations: Chicas & Gorillas at Nowy Świat 19 in Warsaw and the PIZZANOVA pizzeria in Kraków’s Bielak Passage. In the coming weeks, three more outlets are planned to open, including a new Prosty Temat venue in Kraków and The Mexican in Wrocław.
This dynamic expansion is accompanied by intensified investment expenditures for network development, with associated organizational and operational costs impacting the net result in Q1 2025. The Group ended this period with a net loss of 1.3 million PLN.
“This is a natural stage on the road to profitability for newly opened outlets and an element built into the cost structure of our budget. For comparison, in the entire 2023, we opened only three own outlets, while the current pace—seven openings in 2024 and two more in Q1 2025—clearly shows how intensively we are growing in key cities across the country. Such growth, depending on timing, may temporarily affect net profit, which is a predicted and transitional effect of implementing our investment strategy,” commented Dariusz Kowalik, CFO and Management Board Member of Mex Polska S.A.
Characteristic factors of this intensive growth phase impacting net profit include the effects of applying IFRS 16 accounting standard and management costs incurred by successive special purpose vehicles within the Group.
“Organic growth and systematically increasing the number of outlets is a long-term process of building Group value. From experience, I know that under favorable market conditions and positive economic trends, margins increase and scale effects begin to benefit the entire organization. Therefore, we look optimistically at the prospects for improving results in coming quarters and years,” added Paweł Kowalewski, CEO of Mex Polska S.A.
In April this year, the Management Board of Mex Polska recommended allocating 0.84 million PLN from the 2024 net profit (which amounted to 3.03 million PLN) for dividends, representing a payment of 0.11 PLN per share. The dividend record date was set for May 27, 2025. This means that shareholders registered in the company’s share register on May 27, 2025, will receive the dividend. The dividend payment date is scheduled for June 3, 2025.
Currently, the Mex Polska SA capital group manages 55 profitable and consumer-popular dining outlets operating under recognizable brands such as The Mexican, Prosty Temat, Pijalnia Wódki i Piwa, Chicas & Gorillas, Spoko Taco, Pankejk, and PIZZANOVA. The Group’s overriding goal remains further organic growth, increasing scale, and continuous improvement of operational efficiency.
Source: https://ceo.com.pl/mex-polska-kontynuuje-ekspansje-i-notuje-wzrost-przychodow-w-i-kwartale-95098
