Dom Development: corporate bonds on Catalyst
Dom Development has 4 bond series listed on Catalyst with an issue value of PLN 785m. Next maturity: DOM0928, PLN 260m, 28 September 2028. Net debt / EBITDA: 0.71× (2025 annual report).
Key figures
2025 annual report (inwestor.domd.pl) · as at 11 Nov 2026Data on series and maturity dates come from GPW Catalyst. This page describes the company’s data and is not an investment recommendation.
Dom Development S.A., based in Warsaw, is the largest residential developer listed on the Warsaw Stock Exchange (ticker DOM). It builds flats in Warsaw, the Tricity (through Euro Styl), Wrocław and Kraków, and since 2026 has been preparing its first project in Poznań. The company is controlled by Groupe Belleforêt. Its bonds on Catalyst are unsecured.
Financial results
PLN million, consolidated figures; figures from the company’s reports. A dash (–) means the figure is not in our database.
| Item | 2023 | 2024 | 2025 | 6M 2026 |
|---|---|---|---|---|
| Revenue | 2,550.3 | 3,168.2 | 3,255.6 | 1,560.9* |
| Operating profit (EBIT) | 558.2p | 697.2p | 801.0 | 320.7* |
| Net profit | 460.2p | 569.1 | 654.2 | 258.5* |
| Total assets | 4,563.3 | 5,288.5 | 5,981.3 | 6,452.9 |
| Equity | 1,449.5p | 1,701.8 | 1,988.4 | 2,065.8 |
| Total liabilities | 3,113.8p | 3,586.7 | 3,992.9 | 4,387.2 |
| Cash and cash equivalents | 286.3* | 360.8 | 268.7* | 223.8* |
* Figure matches the company document (half-year report for H1 2026; annual report for 2024; annual report for 2025) but has not yet been confirmed by a later report.
p Figure taken from the comparative column of a later company document (2023: annual report for 2024; 2024: annual report for 2025). The company may have restated the earlier period, for example after a change in accounting policies.
Sources: annual report for 2024, annual report for 2025, half-year report for H1 2026.
Debt and repayment capacity
Ratios based on annual reports (consolidated), using only figures verified against the company’s filings. A dash (–) means the figure is not available; a negative interest cover means an operating loss.
| Ratio | 2023 | 2024 | 2025 |
|---|---|---|---|
| Net debt / EBITDA (years of operating profit before depreciation needed to cover the debt) | – | 0.53× | 0.71× |
| Net debt / equity (net debt relative to shareholders’ equity) | – | 0.22× | 0.29× |
| Equity / total assets (share of assets financed by equity) | 31.8% | 32.2% | 33.2% |
| Operating cash flow − capital expenditure (PLN million, cash from operations after investment) | – | 356.9 | 188.6 |
Sources: 2023 annual report, 2024 annual report.
Bonds on Catalyst
| Series | Maturity | Interest rate | Rate type | Margin | Security | Yield to maturity |
|---|---|---|---|---|---|---|
| DOM0928 | 28 Sep 2028 | 5.43% | Floating (6M WIBOR) | +1.55 pp | Unsecured | 5.21% |
| DOM1229 | 5 Dec 2029 | 5.34% | Floating (6M WIBOR) | +1.40 pp | Unsecured | 5.36% |
| DOM0530 | 16 May 2030 | 5.30% | Floating (6M WIBOR) | +1.40 pp | Unsecured | 5.36% |
| DOM0331 | 4 Mar 2031 | 5.05% | Floating (6M WIBOR) | +1.20 pp | Unsecured | 5.15% |
Series codes link to the series pages in Polish. Yield to maturity is calculated by the Polish brokerage DM BDM, before tax and commissions; for floating-rate bonds it assumes the reference rate (WIBOR or EURIBOR) stays at its current level. “No quote” means no recent price.
Questions about Dom Development bonds
How many Dom Development bond series are listed on Catalyst?
Dom Development has 4 bond series listed on Catalyst with a total nominal value of PLN 785 million. Their maturity dates range from 28 September 2028 to 4 March 2031.
When does the next Dom Development bond mature?
The next maturity is series DOM0928 on 28 September 2028 (nominal value PLN 260 million). The following ones are DOM1229 (5 December 2029) and DOM0530 (16 May 2030). An early redemption at the issuer’s request can change these dates.
How is the interest on Dom Development bonds set?
All 4 series pay a floating rate: 6M WIBOR plus a margin of 1.20 to 1.55 percentage points. The coupon changes with the reference rate in each interest period, while the margin stays the same until maturity.
Are Dom Development bonds secured?
None of the 4 series is secured: bondholders have no priority claim on any specific asset of the company.
Source: our database of Catalyst series, terms and conditions of the bonds and company announcements.
Our full analysis, financial results and news on Dom Development are on the Polish-language issuer page.
This material is for information purposes only and does not constitute investment advice.