GDANSK, March 12 (Reuters) - Poland's biggest e-commerce platform Allegro said on Thursday it expected its 2026 core earnings to rise 7-10% year-on-year in its key Polish market, after its fourth-
Allegro expects domestic earnings to rise 7-10% in 2026, CFO resigns
Allegro's 2026 Financial Outlook and Leadership Changes
Fourth-Quarter Performance and 2026 Projections
GDANSK, March 12 (Reuters) - Poland's biggest e-commerce platform Allegro said on Thursday it expected its 2026 core earnings to rise 7-10% year-on-year in its key Polish market, after its fourth-quarter result met expectations.
Allegro's adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) at its Polish operations rose 8.2% on the year to 1.05 billion zlotys ($284.6 million) in the fourth quarter.
Group revenue for the period rose 14.1% on the year to 3.43 billion zlotys, while gross merchandise value (GMV), an industry metric used to measure transaction volumes, rose 9.2% to 19.90 billion zlotys.
Key Drivers of Growth
"Allegro delivered its 2025 outlook across the board. Christmas performance was robust, with Polish GMV dynamics continuing to outpace retail sales," Chief Financial Officer Jon Eastick said in the statement.
The company expects its GMV to grow by 9-11% in Poland in 2026, with revenue up 11-14%. On the group level, it sees GMV rising by 10-12% and revenue by 12-15%. Adjusted EBITDA is expected to grow 9-13%, it said.
Allegro said the group will grow at a higher pace than Poland alone thanks to the increasing contribution of fast-moving international marketplaces.
Strategic Initiatives and Expansion
"Our vision of the future is based on attracting new customer groups and new partners, increasing purchase frequency, and further distancing the competition from Chinese players," CEO Marcin Kuśmierz said in the statement, adding that the company is entering new segments, including services.
Allegro plans to add 3,500-4,000 new parcel machines to its network in 2026 with additional investment in upstream depots and sorting facilities.
CFO Resignation and Leadership Transition
Separately, Jon Eastick has decided to resign from CFO role due to personal reasons, the company said. He intends to remain in his role until the end of April 2027 or until his successor is appointed.
Additional Information
($1 = 3.6894 zlotys)
(Reporting by Adrianna Ebert; Editing by Matt Scuffham)
