The Group’s revenue reached PLN 486.2 million (approx EUR 114 million), down from PLN 548.3 million (approx EUR 129 million) in Q1 2024 – a year-on-year decrease of 11.3%. The company posted a negative operating profit (EBITDA) of PLN -16.6 million (approx EUR -4 million), compared to a positive result of PLN 10.6 million (approx EUR 2 million) in the same period last year. As a result, the Group recorded a net loss of PLN 53.2 million (approx EUR 12 million) between January and March 2025, compared to a smaller loss of PLN 17.9 million (approx EUR 4 million) a year earlier.
“The first signs of an increase in semi-trailer and trailer registrations in selected markets where the Wielton Group operates may indicate the beginning of market stabilisation. However, the experience of recent months, combined with the macroeconomic and economic situation across EU countries, makes us view the future with caution,” said Paweł Szataniak, President of the Wielton Group.
The company has revised its investment plans and intends to allocate approximately PLN 46 million (approx EUR 11 million) for this purpose in 2025.
“Our main focus remains on ensuring working capital, increasing efficiency, and developing our product portfolio with new vehicles and solutions that will allow us to build market share in individual countries,” added Paweł Szataniak.
One example of product expansion is the launch of the new, extendable Container Master R3 Super Light container semi-trailer in the first quarter of 2025.
In Poland, where the semi-trailer and trailer market grew by 6.7% year-on-year, Wielton, Langendorf and Fruehauf ranked third, increasing their combined market share to 13.3%, up from 12.9% a year earlier. The Wielton Group’s sales volume in Poland rose by just over 7% to 979 units. Total revenue from the Polish market amounted to PLN 113.1 million (approx EUR 27 million), down from PLN 125.2 million (approx EUR 29 million) in the previous year.
In France, where the market contracted by nearly 12%, the Group – owner of the Fruehauf brand – retained its leading position, holding a 17.7% market share. From January to March 2025, the Group sold 642 vehicles in France – nearly 7% fewer than a year earlier – and recorded a 10.7% decline in revenue.
Wielton performed better in the UK, Germany and Spain, where it and its subsidiaries made gains:
- In the UK, Lawrence David increased its market share to 6.9%, moving up to fourth place. Sales reached 600 vehicles – an increase of nearly 17% year-on-year;
- In Germany, Langendorf and Wielton GmbH climbed to sixth place (from seventh), with a combined market share of 2.7%. However, only 243 vehicles were registered during the reporting period – over 10% fewer than a year earlier;
- In Spain, Guillén rose to seventh place with a 2.9% market share. The Group sold 110 vehicles – a 17% year-on-year increase in volume.
- Italy stood out, with the Viberti, Fruehauf and Guillén brands jointly securing fifth place with a 5.5% market share. In this market, the Group sold a total of 379 vehicles in Q1 2025 – an increase of nearly 85% year-on-year. This was reflected in higher revenue, which rose to PLN 46.6 million (approx EUR 11 million), compared to PLN 29.7 million (approx EUR 7 million) in the first quarter of 2024.