Summary of the year, completed projects and future plans

The end of the year is traditionally a time of reflection and recapitulation for many companies, especially those listed on the stock exchange. It is a time when companies analyse their achievements, review completed projects, signed contracts and published announcements, and assess financial performance and the behaviour of the stock market price.

For investors and business partners, such summaries provide an excellent opportunity to look at the companies’ activities in a broader perspective, assess the effectiveness of their strategies and spot new opportunities for cooperation. It is also the moment when companies share their plans for the future, indicating the key areas of development that will shape their business in the coming years.

2024 has been an extremely dynamic and challenging year for MBF Group SA, which has achieved significant successes thanks to its well thought-out strategy and flexible approach to changing market conditions. In this article, we take a look at the key developments that have taken place at the company over the past 12 months and outline the company’s prospects for further growth.

The realised activities and achieved financial results in 2024 confirm that MBF Group SA is well prepared for the challenges ahead and ready to seize the market opportunities. The company looks to the future with optimism, continuing to grow based on innovation, flexibility and a long-term strategy to build value for its shareholders.

MBF Group SA’s management hopes that the implementation of the 2025 plans will contribute to making the company’s stock price more realistic, ensuring its stable growth. The goal is to reach at least PLN 5 per share, which will reflect the company’s real capabilities and potential. We invite you to invest and establish partnerships to jointly build MBF Group SA’s success in the coming years.

Introduction: A Dynamic Year on the Polish Financial Markets

The year 2024 brought significant changes to the Polish capital market, highlighting its growing dynamism and attractiveness to investors. The Warsaw Stock Exchange recorded record turnover, with turnover reaching PLN 79.3 billion in Q3, an increase of 29% year-on-year. Debuts of companies such as Żabka Group SA and Noctiluca SA attracted particular attention, indicating a recovery in the initial public offering (IPO) market.

The NewConnect market, dedicated to young and growing companies, also saw an increase in activity. Increased interest from retail investors and rising trading volumes confirmed its importance as a platform for companies seeking capital for further growth. The IPOs and dynamic growth of entities such as MBF Group SA indicated the potential of the NC market as a place for innovative projects and diversified investments.

In this challenging environment, MBF Group SA, an NC-listed company, has faced numerous challenges. Dynamic market changes and growing investor interest created both pressure and new opportunities for growth, which the company successfully exploited. By adjusting its strategy and focusing on key sectors, MBF Group SA has strengthened its position, underlining the importance of the NewConnect market in the structure of Polish capital.

We invite you to invest in MBF Group SA shares, which offer a unique opportunity to participate in the dynamic growth of our company. With its stable financial foundation, innovative approach and focus on key sectors such as chemicals, automotive and food products, MBF Group SA remains an attractive investment option for those seeking long-term growth.

At the same time, we encourage business and commercial partnerships. Our company is open to partnerships with companies that wish to take advantage of our extensive logistical, commercial and consulting capabilities. Together, we can implement projects in domestic and international markets, building lasting business relationships based on trust and mutual benefits.

MBF Group SA’s activities in 2024: Flexibility and Strategy in Action

For MBF Group SA, 2024 was a period of intense change and adaptation in the face of a dynamic market. The company, which operates on NewConnect, focused on diversifying its business, expanding internationally and adapting its strategy to changing market conditions. Specialising in the wholesale distribution of food, chemical and technical products, the company not only strengthened its position in the market, but also successfully entered new business areas.

Diversification of activities

One of the most important achievements of MBF Group SA was the expansion of its product portfolio. The company started supplying urea for the production of environmentally friendly AdBlue fluid, introduced automotive products and announced the expansion of its business into the trade of military products, which involved obtaining the relevant licences. Such activities were aimed at increasing margins and adapting the offer to the growing demand for high value-added products.

Expansion into new markets

The company successfully pursued an overseas expansion strategy, negotiating and supplying markets such as Germany, the Czech Republic, Sweden, Italy and France. With the introduction of a multilingual version of its website, MBF Group SA has increased its visibility in international markets, enabling it to establish new business contacts and pilot deliveries of food products such as sugar and vegetable oils.

Internal reorganisation

The introduction of changes to the organisational structure allowed for the simplification of management and operational processes, which had an impact on the company’s efficiency. However, the changes also presented some challenges, such as delays in the publication of quarterly reports. Additional verification and accounting work indicated the need to further improve reporting and internal management processes.

Alignment of the development strategy

The analysis of past projects allowed MBF Group SA to focus on the most profitable areas of activity, abandoning initiatives that were not delivering the expected results. This enabled the company to better allocate resources and focus on growth in sectors with the greatest potential.

MBF Group SA, with its flexibility in action and ability to adapt to changing market conditions, has not only strengthened its position, but also set the course for further growth in the coming years.

Highlights for Q1 2024

Announcement of new development strategy

The beginning of 2024 marked the launch of an ambitious strategy for MBF Group SA, which aimed to triple revenues by 2026. At the centre of this strategy was the diversification of the product range and expansion into new markets. The company focused on sectors with high growth potential, such as military and automotive products, which can generate higher margins. The introduction of these changes allowed MBF Group SA to adapt to the growing demands of the market and increase its competitiveness.

Expansion of product range

One of the main achievements in Q1 was the expansion of the product portfolio into new categories such as military products and products for the automotive sector. The company invested in the development of urea supplies for the production of environmentally friendly AdBlue fluid, which responded to the growing market needs for sustainable technological solutions. The new products responded to the needs of customers in Poland and abroad, increasing the company’s chances of winning strategic business.

Execution of key contracts

MBF Group SA signed significant contracts for the supply of sugar and urea in the first quarter. These contracts have become a solid financial foundation for the company’s operations, and their implementation enabled revenue generation already at the beginning of the year. In addition, the company began the first deliveries of rapeseed oil, which was in high demand on the Polish market and in European countries. The successful execution of orders strengthened MBF Group SA’s position as a trusted supplier in the region.

Negotiating on foreign markets

The first quarter of 2024 was also a time of intensive foreign expansion activities. The company began negotiations for deliveries to the German, Czech and Swedish markets, which opened the door to further cooperation with key international partners. The pilot deliveries of sugar to Sweden were an example of the successful implementation of the strategy to expand into new geographical areas. The implementation of a multilingual website was a key element in supporting these activities, enabling more effective communication with foreign counterparties.

Preparation for the next stages of development

During Q1, MBF Group SA also focused on preparing the organisation for further growth. The company analysed its existing operations, eliminating low-profitability projects to focus on sectors with the greatest potential. The introduction of new internal processes and management initiatives was aimed at increasing operational efficiency and better managing resources.

Summary of events in the first quarter

The first quarter of 2024 was a period of dynamic development and implementation of key projects for MBF Group SA. The announcement of a new strategy, the introduction of new products, the signing of key contracts and the start of negotiations in foreign markets created a solid foundation for further activities. The company has proven that it can effectively respond to market needs and implement ambitious development plans.

Progress in Q2 2024

Dynamic revenue growth

The second quarter of 2024 brought significant revenue growth for MBF Group SA. Cumulative net revenues amounted to PLN 4.137 million, which accounted for as much as 73% of the total revenues achieved in 2023. This was the result of successful contract execution and increased demand for products such as rapeseed oil, sunflower oil, soybean oil and technical urea. These results confirmed the company’s ability to rapidly scale its operations in response to market needs.

Development of the order book

The company successfully expanded its order portfolio, strengthening its position as a supplier of chemical and food products. The key products were vegetable oils and technical urea, which were very popular with customers in Poland and abroad. The growth in the order book was evidence of an effective sales and marketing strategy to reach new customers and markets.

Signature of conditional investment agreements

Another important step in the second quarter was the signing of conditional preliminary agreements for the acquisition of MBF Group SA shares by selected investors. These agreements were related to the implementation of key contracts, such as the supply of unrefined rapeseed oil with a net value exceeding PLN 8.6 million. The signing of these agreements testified to the investors’ high confidence in the company and allowed the company to raise the capital necessary to realise larger orders.

Expansion into new markets

MBF Group SA continued to implement its foreign expansion strategy, establishing cooperation with counterparties from Germany, France, Italy, the Czech Republic and Hungary. Thanks to a multilingual website, the company was able to communicate more effectively with international partners and negotiate the supply of sugar, urea and vegetable oils. The first deliveries confirmed the company’s ability to operate in foreign markets and fulfil large-scale orders.

Effective management of operating costs

Despite the rapid growth in revenues, MBF Group SA maintained operational efficiency, which allowed it to control costs and achieve a positive financial result. This was possible thanks to the optimisation of internal processes and cooperation with a professional accounting firm, which helped to resolve financial reporting problems from previous years.

Establishing yourself on the market

Q2 2024 confirmed that MBF Group SA is not only a trusted partner in the domestic market, but is also successfully developing its presence in international markets. Dynamic revenue growth, new investment agreements and expansion of the order portfolio underlined the company’s ability to implement ambitious plans and build a competitive advantage.

Summary of the second quarter

The second quarter of 2024 was a time of intense growth for MBF Group SA and the implementation of key elements of its strategy. The company proved its flexibility and ability to take advantage of opportunities as they arose, leading to impressive financial results and preparing the ground for further growth in the second half of the year.

Dynamic changes in Q3 2024

Simplification of the organisational structure

In Q3, MBF Group SA focused on internal reorganisation to simplify its organisational structure and increase operational efficiency. As part of this, the company sold shares in its subsidiaries, which allowed for greater financial transparency and a focus on key business areas. This decision was aimed at reducing operating costs and optimising internal processes, which is expected to increase operational efficiency in the long term.

New contracts and developments in the automotive sector

In Q3, the company signed a contract for the supply of urea for the production of environmentally friendly AdBlue liquid, which strengthened its position in the chemical market. In addition, MBF Group SA began cooperation with the automotive sector, supplying vehicle fleets. The first orders included vehicle fleets for business customers, which is part of the company’s business diversification strategy. These activities not only opened up new business opportunities, but also increased the company’s ability to respond to changing market needs.

Strengthening the composition of the Supervisory Board

Another key development was the strengthening of the Management Board and Supervisory Board by outstanding experts. Dr Daniel Alain Korona, an experienced management and finance specialist, and Karolina Pewniak, an expert in law and corporate restructuring, joined the team. Their experience and expertise were key to improving oversight of the implementation of the company’s strategy, as well as decisions regarding expansion and new business areas.

New markets and international perspectives

In Q3, MBF Group SA continued its intensive expansion into foreign markets. Negotiations for the supply of sugar, urea and vegetable oils were expanded to include additional countries such as Hungary, the Czech Republic and France. Cooperation with international partners enabled the first large-scale deliveries to be made, which strengthened the company’s position as a reliable supplier on the international stage.

Continuation of optimisation measures

The company also focused on further optimising its management and financial processes in Q3. Organisational changes and the sale of subsidiary assets allowed for greater financial flexibility and more efficient capital management. These measures were key to preparing the company for larger contracts in Q4 and 2025.

Financial performance

Q3 2024 ended with stable revenue growth and a positive financial result for MBF Group SA. The company demonstrated its ability to keep operating costs under control, despite the increasing scale of its operations. This performance was the result of effective strategy implementation and a focus on areas with high margin potential.

Summary of the third quarter

Q3 2024 was a period of key changes for MBF Group SA, which strengthened the company’s position in the market. The reorganisation of the structure, new contracts and strengthening of the management board allowed the company to focus on its strategic goals and prepare for further growth. Continued international expansion and effective optimisation measures have laid a solid foundation for ambitious plans in the coming quarters.

Key developments in Q4 2024

Sale of shares in subsidiaries

As part of its strategy to simplify its organisational structure, MBF Group SA sold all of its shares in two subsidiaries: MBF Inwestycje Kapitałowe Sp. z o.o. and Ozone Sport Sp. z o.o.. The total value of the sale amounted to PLN 370,000. This decision resulted from the new strategy for 2024-2026, focusing on the key most profitable business areas. With this transaction, the company has improved the transparency of its structure, reduced operating costs and increased its value for shareholders.

The sale of shares has also affected MBF Group SA’s reporting obligations – following the exclusion of the activities of its subsidiaries, the company is no longer obliged to prepare consolidated periodic reports. The simplification of these processes has allowed the company to focus on the dynamic development of its key business segments.

Execution of automotive contracts

In Q4, MBF Group SA completed a contract for the delivery of 10 Ford Focus Titanium X Kombi passenger cars to a taxi corporation from Poznań. The value of this order was approximately PLN 1.234 million net. The delivery included premium version vehicles purchased from an authorised dealer on favourable terms, which was possible due to the wholesale nature of the order and the prospect of further cooperation with the contractor.

In addition, the company has entered into a preliminary agreement for the delivery of 16 Nissan Townstar Combi cars, with a net value of PLN 1.737 million. The finalisation of the contract depends on the bank’s decision regarding leasing financing. These actions strengthen MBF Group SA’s position in the automotive market and are part of its business diversification strategy.

Increase in share capital

In November 2024, the company completed an issue of Series J Shares with a nominal value of PLN 2.50 each. All shares were subscribed for and fully paid for by three parties: two individuals with close ties to the company and one legal entity. This process made it possible to increase the share capital, which supports the financial foundations of the company and provides the opportunity to implement larger projects in the coming years.

The funds raised from the share issue are to be used for further infrastructure development, expansion into new markets and the execution of key contracts, including those related to chemical, food and automotive trade.

Accreditation at the European commodity exchange

One of the highlights of the fourth quarter was MBF Group SA gaining full access to the European commodity exchange. Thanks to the accreditation, the company is able to participate in trading sessions, negotiate transaction terms and realise purchases and sales of commodities such as refined and unrefined oils (sunflower, rapeseed, soybean).

The exchange enables direct contact with suppliers and customers from eastern markets, which significantly improves MBF Group SA’s competitiveness. The company’s management emphasises that access to the exchange opens up new export opportunities and allows the company to develop its product portfolio, increase its turnover volume and win new customers in foreign markets.

Summary of the fourth quarter

The fourth quarter of 2024 was a time of key decisions and implementation of strategic actions for MBF Group SA. The simplification of the organisational structure, the development of the automotive segment, the issuance of shares and the obtaining of accreditation on the commodity exchange show that the company is on track to achieve its goals for 2024-2026. The implemented measures not only improved operational efficiency, but also strengthened the company’s position on the domestic and international market, preparing it for further growth.

Financial performance and outlook

Steady revenue growth

In 2024, MBF Group SA achieved significant financial progress, reporting incremental net revenues of PLN 4.38 million at the end of Q3. This is the result of effective management and execution of key contracts in the domestic and international markets. This growth was possible thanks to dynamic expansion, diversification of the offer and skilful adaptation to changing market conditions.

Effective management of operating costs

One of the key achievements was to maintain control over operating costs despite the increasing scale of operations. The company implemented optimised management processes that allowed it to manage resources efficiently and minimise financial risks. Cooperation with a professional accounting firm, which began at the beginning of the year, enabled better financial reporting and improved data transparency.

Increase in share capital

In order to finance further growth, MBF Group SA has announced a share capital increase. The company has signed conditional preliminary agreements for the issue of shares to be taken up by selected investors. The funds obtained from this issue will allow the realisation of key contracts, such as the supply of rapeseed oil worth more than PLN 8.6 million, and support the expansion into foreign markets.

Product perspectives

MBF Group SA plans to further expand its product portfolio, with a particular focus on high value-added products. These include chemical products such as urea and AdBlue, vegetable oils, as well as military products, which require appropriate licensing and certification. The diversification of the offer is aimed at increasing the margins of the business and capturing new market segments.

Expansion into new markets

The company is actively developing its presence in international markets such as Germany, France, Italy, the Czech Republic and Hungary. The development of export activities is supported by the implementation of a multilingual website, which facilitates communication with foreign counterparties. MBF Group SA sees foreign expansion as one of the main drivers of its future growth.

Forecasts for Q4 and 2025

The company expects a further increase in revenue in Q4 2024, thanks to the execution of new contracts and the continuation of initiated activities. In the long term, MBF Group SA plans to strengthen its market position, increase operational efficiency and expand cooperation with key partners in the fleet, automotive and chemical sectors.

Summary of results and outlook

The financial results achieved in 2024 demonstrate MBF Group SA’s growing stability and ability to implement ambitious growth plans. Cost control, expansion into foreign markets and product diversification have created a solid foundation for further growth. The company looks to the future with optimism, focusing on innovation, flexibility and long-term growth.

Company’s development prospects and plans for 2024-2026

Continuation of business diversification strategy

MBF Group SA intends to continue expanding its product portfolio, focusing on sectors with high margin potential. Military, automotive and chemical products, such as urea and AdBlue, will form the cornerstone of its growth strategy for the coming years. The development of these segments aims to capitalise on the growing demand for innovative and green solutions that respond to global trends related to environmental protection and energy efficiency.

The company also plans to diversify its food offering, focusing on premium products such as high-quality vegetable oils and export sugar. This strategy will not only allow the company to increase its revenues, but also to build lasting relationships with demanding counterparties in Europe and beyond. Diversification of the business will be key to maintaining the company’s competitiveness in a changing market.

Expansion into foreign markets

Business development in international markets remains a priority for MBF Group SA. The company intends to continue negotiations with partners in Germany, France, Italy, the Czech Republic and Hungary, while opening up to new regions such as Scandinavia and the Balkans. The introduction of a multilingual website has already facilitated contact with foreign counterparties and opened the door to further export deals.

Overseas expansion is not only limited to product sales, but also involves building local distribution and logistics networks. The company plans to develop cooperation with regional partners, which will allow it to increase the scale of its operations and serve customers in different parts of Europe more efficiently.

Developing cooperation with strategic partners

MBF Group SA intends to strengthen cooperation with key partners, especially in the fleet, automotive and chemical sectors. The company plans to develop long-term contracts with large players, which will ensure stable cash flows and greater operational security. The introduction of automotive fleets and the development of the chemical products segment, such as AdBlue, shows the company’s potential in establishing and maintaining strategic relationships.

Building business partnerships will also include the area of research and development. MBF Group SA plans to cooperate with research institutes and innovative companies, which will enable the introduction of new, unique products. This approach is aimed not only at increasing competitive advantage, but also at strengthening the company’s position as an innovative market leader.

Innovation and flexibility

At the centre of MBF Group SA’s activities for 2024-2026 will be innovation, particularly in the area of algorithmic trading (HFT). The company intends to invest in the development of algorithms and systems that automate trading processes, allowing for greater efficiency and precision in the management of resources. The development of this sector will allow the company to gain an edge in the financial market and increase revenues from this part of the business.

Flexibility of operations will also include the implementation of new technologies in logistics and operational process management. MBF Group SA plans to invest in the digitalisation and automation of processes, which will not only reduce operating costs but also increase the scalability of operations in a rapidly changing market environment.

Increased capital and financial stability

Increasing share capital and attracting new strategic investors are key objectives for the coming years. The funds from the issue of new shares will be used for infrastructure development, the execution of export contracts and the launch of new products with high added value. The company also plans to invest in warehouse and logistics infrastructure, which will enable it to handle higher order volumes.

Maintaining financial stability will remain one of MBF Group SA’s priorities. Effective cost management and long-term financial planning are aimed at maintaining positive revenue growth and building confidence among investors and counterparties.

Monitoring market trends

MBF Group SA intends to actively follow regulatory changes and trends in the industries in which it operates. The growing importance of green products and sustainable technologies, such as AdBlue, provides the company with an opportunity to strengthen its market position. At the same time, monitoring customer behaviour and the evolution of market needs will allow the company to react quickly to changes and take advantage of new opportunities.

By constantly monitoring the market environment, the company also intends to develop new product lines and tailor the offer to the specific needs of customers in different regions. This approach will allow MBF Group SA to remain competitive and continue to grow in a rapidly changing market environment.

MBF Group outlook summary

MBF Group SA’s strategy for 2024-2026 is comprehensive and focused on dynamic growth and building a competitive advantage. Diversification of activities, innovation, expansion into international markets and effective financial management are the cornerstones of the company’s plans. With its flexible approach and ability to adapt quickly, MBF Group SA is prepared to seize market opportunities and meet the challenges of the future.

Summary of 2024 at MBF Group SA

For MBF Group SA, 2024 was a time of intense change, dynamic growth and effective adaptation to changing market conditions. The company focused on the implementation of an ambitious strategy, the key elements of which were the diversification of its activities, expansion into international markets and the strengthening of its financial foundations.

The introduction of new products, such as urea for the production of AdBlue, and entry into the automotive and military markets allowed MBF Group SA to build a competitive advantage and generate stable revenues. At the same time, the company simplified its organisational structure through the sale of shares in subsidiaries, which helped to improve operational efficiency.

Gaining full access to the European commodity exchange has opened up new export opportunities, particularly in the trade of agricultural and chemical products. This has significantly increased MBF Group SA’s visibility in international markets, providing a solid foundation for further growth in the years to come.

We invite you to invest in MBF Group SA shares, which offer the prospect of stable growth and participation in the company’s dynamic development. Our team is open to business and commercial cooperation, as well as establishing new partnerships for the implementation of international projects.

Contact us today to find out more about partnership opportunities or company details. Together we can build a future based on innovative solutions and shared success.

Contact details and more information about the company can be found on our website. You are welcome!