HISK generated sales revenue of EUR 92.6 million in 2025. In the previous year, the company’s revenue amounted to EUR 138.9 million. During the reporting period, the company incurred a net loss of EUR 1.9 million, compared with a net profit of EUR 1 million in 2024.
At group level, sales revenue in 2025 amounted to EUR 220.1 million, compared with EUR 240.1 million in the previous year. Cost of sales decreased over the year to EUR 201.1 million, from EUR 227.0 million in 2024. The net loss was reduced from EUR 0.78 million to EUR 0.72 million over the year.
2025 was a transitional and investment period for HISK, aimed at preparing for a new phase of large-scale infrastructure projects. The market saw fewer direct road infrastructure tenders, while the company focused on strategically important Rail Baltica tenders and won three tenders related to this project during the year. Due to a later-than-planned start of works on the awarded sections, part of the revenue planned for 2025 shifted into 2026. Last year, the company also substantially renewed its technical base, and the installation of one of the most advanced asphalt mixing plants in the Baltic States is currently being completed in Panevėžys.
According to HISK CEO Robert Ziminski, the 2025 results reflect the cyclical nature of the market and a deliberate preparation for a new phase of the project portfolio: “We invested not in short-term results, but in long-term capacity. New machinery, an advanced production base and digitalised project management processes will enable us to work more efficiently, plan resources more accurately and ensure the quality of works in large-scale projects.”
In 2025, HISK also completed an official tender offer and increased its shareholding in PST Group to 84.85%. Across the group, significant attention was devoted to improving the efficiency of subsidiaries, reviewing management processes and closing loss-making activities. These decisions had a short-term impact on financial results, but create the conditions for more sustainable and efficient group operations in the coming years.
During 2025, the company and the group concluded a number of significant contracts. As of 31 December 2025, the portfolio of signed contracts and awarded public procurement tenders amounted to EUR 708.64 million, of which HISK accounted for EUR 340 million and PST Group for EUR 368.64 million.
At the end of the 2025 financial year, the company’s distributable profit amounted to EUR 30.62 million. It is planned to carry this amount forward to the next financial year.