About the income of developers in Poland
Over the year (Q3 2023 to Q3 2022), the income of developers in Poland listed on the stock exchange increased by 31.4%. In 2022, their income exceeded 30% for the first time, stopping at 30.8%. At the end of 2014, this figure was just over 19%. Then, since 2015, with a brief pause due to the pandemic, it has steadily grown.
Thus, we see that developers are receiving higher and higher income every year.
Thus, we see that developers are receiving higher and higher income every year.
Development income is constantly causing controversy and it can be assumed that this situation will not change in the future. Still, to justify the developers, it should be said that this business is not the most profitable. There are no developers among the leaders of listed companies with the highest level of profitability in Poland.
To compare performance, you can use net profit margin as a yardstick. Let us remember that we are talking about the ratio of net profit to sales revenue. Based on statistics from Quant Research, the position of large housing developers in terms of net profit (among 750 leading Polish companies analysed) is as follows:
• Atal - 73rd position in the country (net profit margin: 24.83%);
• Archicom – 76th position (margin: 23.44%);
• Lokum Developer - 81 positions (margin: 22.37%);
• Develia - 86th position (margin: 21.62%);
• Inpro - 106 position (margin: 17.84%);
• Dom Development - 113 position (margin: 16.79%);
• BBI Development - 122 position (margin: 15.85%);
• Marvipol Development - 126 position (margin: 15.32%);
• Wikana - 128 position (margin: 15.19%).
• Dekpol - 278 position (margin: 5.97%);
• Quart Development - 490 position (margin: -2.06%);
• Triton Development - 563 position (margin: -12.46%);
The above data confirms that only a few well-known housing developers can boast a place in the top hundred profitable companies in Poland. Atal has the highest score, it is 24.83%, Archicom - 23.44%, Lokum Developer - 22.37%, Develia - 21.62%. The average for all developers is less than 14%. Two developers have negative net profit margins.
Materials used from the website bankier.pl
Housing construction in Warsaw and city districts in the third quarter of 2023
Commercial real estate in Poland in the II quarter of 2021. Analysis of the commercial real estate market in Poland