Core Insights - Wawel is investing in operations to enhance capacity and efficiency, aiming to expand its export business with a project set to complete by the end of 2027 [1][3] - The investment of 96 million zlotys ($25.9 million) will be allocated for new production and packaging lines, as well as improvements in technical infrastructure [1][2] - The company anticipates that these changes will strengthen its export capacity and improve its competitive position in the confectionery market in Poland and Central and Eastern Europe [3] Investment Details - The project will increase capacity at the Dobczyce facility by approximately 15% [1] - New technologies will enhance automation, support diverse formats, and facilitate quicker product introductions [2] - The investment is supported by the Polish Investment Zone scheme through the Krakow Technology Park [4] Production and Employment - Wawel operates two manufacturing sites, with the Dobczyce plant producing nearly the entire product portfolio, including various chocolate types and other confectionery items [3][4] - The company employs around 1,000 people, with about 800 in production and related roles, and the project is expected to create additional jobs [5] Financial Performance - Wawel reported an 8.3% year-on-year revenue increase in Q3, reaching 171.9 million zlotys, and a 10% increase in nine-month sales to 500 million zlotys [5] - Operating profit rose by 51.8% in Q3 to 20.7 million zlotys, and net profit from continuing operations increased by 42.9% to 19.7 million zlotys [6] - For 2024, Wawel's revenue was recorded at 689.3 million zlotys, a 3.9% year-on-year increase, with operating profit remaining stable at 77.6 million zlotys [6]