Strong Performances from Mints

In 2024 the Mint of Finland announced it was to close, and The Royal Mint announced its withdrawal from the export market. Both were seen as signs of an industry in decline, but perhaps benefiting from these development, the latest reports from two leading mints – those of Poland and France – tell a different and altogether more positive story.

The Mint of Poland had a good year, with growth recorded across various business areas, including monetary contracts, investment gold sales, electronic payments, and office space leasing.

According to the company in a preliminary statement, it closed 2024 with nearly PLN 1.4 billion in revenue, PLN 102 million in operating profit, and PLN 128.3 million in EBITDA. Corresponding figures for 2023 were PLN 1.2 billion, PLN 110.6 million and PLN 130.6 million.

As in previous years, the minting segment – which turned over just over PLN 1 billion, accounted for the largest share of total revenue (75.2%), compared with 69% the previous year. Electronic payments contributed 16.9%, while real estate operations represented 7.9% of total revenue.