1. Homepage
  2. Equities
  3. Poland
  4. Warsaw Stock Exchange
  5. MLP Group S.A.
  6. News
  7. Summary
    MLG   PLMLPGR00017


Delayed Warsaw Stock Exchange  -  05/24 11:55:42 am EDT
73.80 PLN   +1.93%
05/18MLP Group S.A. Reports Earnings Results for the First Quarter Ended March 31, 2022
04/28MLP S A : New strong addition to MLP Group's business development team in Germany
04/26MLP S A : Maracana grows in MLP Bucharest West
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

MLP S A : European leader becomes new tenant at MLP Poznań West

01/27/2022 | 04:09am EDT
Reka Rubber Polska, Europe's leading manufacturer of rubber products and rubber and silicone hoses, will be joining MLP Poznań West as its new tenant. The company will receive almost 2,000 sqm of modern warehouse space. Assisting the tenant during the negotiations was a team of Rock Estate, a real estate agency.

Reka Rubber has signed a lease agreement with MLP Group to occupy approximately 2,000 sqm of warehouse space. Delivery of the finished facility has been scheduled for the beginning of the second quarter of 2022.

The project is being built according to the latest trends in the warehouse property market and will meet BREEAM certification requirements. The general contractor is W.P.I.P., a company with a long track record of building warehouse development projects.

The warehouse will be equipped with LED lighting, Interact by Signify, which allows adjusting the way the lamps work to the nature of the tenant's work. The lighting system uses daylight harvesting and presence sensors and can be controlled automatically.

Minimising carbon emissions is a priority for MLP Group. The developer has launched a programme to construct solar PV systems on the roofs of its warehouse facilities, with the first such unit being built at MLP Poznań West. Its capacity totals 482.40 kWp, which means it will generate some 500 MWh of green electricity per year, to be used mainly for own needs. The work is due for completion in February 2022. By installing PV power systems in its logistics parks, in addition to fully switching to green energy from PGE, MLP Group will also supply power to the grid, contributing to further carbon footprint reduction.

Reka Rubber Polska was established in Dopiewo in 2004 and is part of Finland's Reka Group. The company is experiencing rapid growth and is expanding its sales markets. Focusing on selected industries, it provides customers with highly specialised, quality products, including moulded rubber to metal products and rubber profiles.

'When establishing relationships with clients, their needs are our key priority. Working with a client, we search for solutions that are optimal for the short and long term. We partner with developers who are both fully professional and flexible in responding to client expectations. It is for these reasons we have recommended Reka Rubber the space offered by MLP. As in past dealings with this developer, the process went in a business-like and open-minded fashion, without undue delay. Both the client and our firm are very satisfied with this partnership,' said Barbara Stańczak Senior Industrial Advisor of Rock Estate.

'Our logistics centre in Poznań is extremely popular with existing and potential tenants. As demand for warehousing space is not losing momentum, our MLP Poznań West park is growing before our eyes. Apart from our commitment to environmental protection, we also seek to ensure comfort of the facility users. I hope the transaction with Reka Rubber is the beginning of a long-term relationship between our companies,' said Agnieszka Góźdź, Sales Director at MLP Group S.A.

MLP Poznań West is a state-of-the-art distribution centre conveniently located on the western side of Poznań, directly by the S11 expressway and only 7 km from the A2 motorway and S11 junction. It is also very close to the Poznań-Ławica airport. The project is being developed in line with current trends prevailing on the warehouse property market. The target tenant group includes primarily e-commerce, logistics, distribution and light industrial manufacturing companies. Ultimately, MLP Poznań West will offer approximately 150,000 sqm of cutting-edge warehouse and office space.


MLP Group SA published this content on 27 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 January 2022 09:08:02 UTC.

© Publicnow 2022
All news about MLP GROUP S.A.
05/18MLP Group S.A. Reports Earnings Results for the First Quarter Ended March 31, 2022
04/28MLP S A : New strong addition to MLP Group's business development team in Germany
04/26MLP S A : Maracana grows in MLP Bucharest West
04/20MLP S A : BayernLB grants investment credit facility for MLP Business Park Berlin-Ludwigsf..
04/20Goldman Sachs MLP Energy Renaissance Fund's Board Approves $10 Million Share Repurchase..
03/28INSIDER BUY : Salient Midstream & Mlp Fund
03/17NYSE's Center Coast Brookfield MLP & Energy Infrastructure Fund Detailed Portfolio Upda..
03/17MLP S A : Group posts over PLN 480 mn (EUR 105 mn) in net profit
03/16MLP S A : Capital Group – Consolidated Annual Report for the year ended 31 December ..
03/16MLP Group S.A. Reports Earnings Results for the Full Year Ended December 31, 2021
More news
Sales 2022 243 M 56,3 M 56,3 M
Net income 2022 201 M 46,6 M 46,6 M
Net Debt 2022 1 760 M 408 M 408 M
P/E ratio 2022 7,69x
Yield 2022 -
Capitalization 1 547 M 358 M 358 M
EV / Sales 2022 13,6x
EV / Sales 2023 11,5x
Nbr of Employees 29
Free-Float 34,7%
Duration : Period :
MLP Group S.A. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends MLP GROUP S.A.
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus BUY
Number of Analysts 1
Last Close Price 72,40 PLN
Average target price 97,00 PLN
Spread / Average Target 34,0%
EPS Revisions
Managers and Directors
Radoslaw Tomasz Krochta Chairman-Management Board & General Director
Monika Dobosz Finance Director
Shimshon Marfogel Chairman-Supervisory Board
Maciej Wlodzimierz Matusiak Independent Member-Supervisory Board
Eytan Levy Vice Chairman-Supervisory Board
Sector and Competitors