Marketas at 20:32
  • NBP ratereference rate3.75%11 Nov 2026
  • CPI inflationy/y, September 20264.1%14 Oct 2026
  • Poland 2Ygovernment bond yield4.79%▲ +2 bp11 Nov 2026
  • Poland 10Ygovernment bond yield6.18%▲ +1 bp11 Nov 2026
  • Germany 10Ygovernment bond yield3.34%▲ +6 bp11 Nov 2026
  • USD/PLNECB rate3.9578▲ +1.17%11 Nov 2026
  • EUR/PLNECB rate4.4038▲ +0.38%11 Nov 2026
?

What these figures mean. These are not live prices: exchange rates are the ECB reference rates for the day shown, the NBP rate applies until the central bank changes it, and CPI is the latest annual inflation figure from Statistics Poland (GUS). Government bond yields are market data for the date shown. Every figure shows its date.

Żabka Group: corporate bonds on Catalyst

Żabka Group has 1 bond series listed on Catalyst with an issue value of PLN 1,000m. Next maturity: ZAB0530, PLN 1,000m, 7 May 2030. Net debt / EBITDA: 0.79× (2025 annual report).

Key figures

2025 annual report (zabkagroup.azureedge.net) · as at 11 Nov 2026
Next maturityPLN 1,000mZAB0530 · 7 May 2030 (in 1273 days)
Cash · end 2025PLN 1,079mmaturities in 12 months: 0
Net debt / EBITDA · 20250.79ׯabka Groupmedian of 7 companies: 0.79×
Interest cover · 20254.28×EBITDA / interestŻabka Groupmedian of 7 companies: 4.50×
Watch out forNo warning signsevents and reports from the last 12 months (no data for 1 of 4 topics)
Revenue · 2025PLN 27,152.6m+14% y/ynet profit PLN 1,101.6m

Data on series and maturity dates come from GPW Catalyst. This page describes the company’s data and is not an investment recommendation.

Sector: Industrials, retail and servicesBonds on Catalyst: 1 seriesNominal value at issue: PLN 1,000 millionNext maturity: 7 May 2030 (ZAB0530)Website: zabkagroup.com

Żabka Group SA is a Luxembourg holding company, listed on the Warsaw Stock Exchange, behind Poland’s leading convenience store chain. The stores, in Poland and Romania, are run by Żabka Polska, mostly through franchisees; Żabka Polska also guarantees the group’s bonds on Catalyst.

Financial results

PLN million, consolidated figures; figures from the company’s reports. A dash (–) means the figure is not in our database.

Item2023202420256M 2026
Revenue19,805.9p23,797.027,152.614,665.9*
Operating profit (EBIT)1,380.41,658.81,986.4786.4*
Net profit353.7*p624.31,101.6*274.5*
Total assets15,570.7p17,569.219,513.720,497.6
Equity898.1p1,388.92,493.72,177.3
Total liabilities14,672.5p16,180.417,020.018,320.2
Cash and cash equivalents649.1*749.61,079.01,624.3
Net debt4,569.0p3,799.03,069.0–

* 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). 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.

Ratio202320242025
Interest cover (how many times operating profit covers interest expense)–3.43× (EBITDA)4.28× (EBITDA)
Net debt / EBITDA (years of operating profit before depreciation needed to cover the debt)–1.13×0.79×
Net debt / equity (net debt relative to shareholders’ equity)5.09×2.74×1.23×
Equity / total assets (share of assets financed by equity)5.8%7.9%12.8%
Operating cash flow − capital expenditure (PLN million, cash from operations after investment)–2,261.22,485.5

Sources: 2023 annual report, 2024 annual report.

Bonds on Catalyst

SeriesMaturityInterest rateRate typeMarginSecurityYield to maturity
ZAB05307 May 20305.39%Floating (6M WIBOR)+1.50 ppGuaranteed4.71%

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 Żabka Group bonds

How many Żabka Group bond series are listed on Catalyst?

Żabka Group has one bond series listed on Catalyst, with a nominal value of PLN 1,000 million. It matures on 7 May 2030.

When does the next Żabka Group bond mature?

The next maturity is series ZAB0530 on 7 May 2030 (nominal value PLN 1,000 million). An early redemption at the issuer’s request can change these dates.

How is the interest on Żabka Group bonds set?

The series pays a floating rate: 6M WIBOR plus a margin of 1.50 percentage points. The coupon changes with the reference rate in each interest period, while the margin stays the same until maturity.

Are Żabka Group bonds secured?

Security by number of series: guaranteed: 1. Secured or guaranteed series give bondholders an additional source of repayment if the issuer cannot pay.

Source: our database of Catalyst series, terms and conditions of the bonds and company announcements.

Our full analysis, financial results and news on Żabka Group are on the Polish-language issuer page.

This material is for information purposes only and does not constitute investment advice.

Privacy policy (in Polish)·Bond search·Contact (in Polish)