Locked content Multimedia Q2 profit grows to PLN 4.07 mln

WSE-listed cable TV operator Multimedia Polska had PLN 4.07 million Q2 net profit, compared to PLN 0.76 million profit last year.  Revenues amounted to PLN 170.42 million, down from PLN 175.69 million the year before. For H1, adjusted EBITDA stood at PLN 173.6 million, unchanged y/y. The number of s...

Locked content Mespila extends Paged tender offer

Mespila Investments Limited, the main shareholder of the WSE-listed of plywood producer Paged, has extended its tender offer for all of Paged shares in freefloat till September 15, the company said in a market filing. Mespila wants to buy 5.44 million of Paged shares at PLN 57.63 apiece. The stake r...

Locked content Inter Cars Q2 net profit drops

WSE-listed car parts distributor Inter Cars recorded a consolidated net profit of PLN 55.31 million in Q2, down by 12.2 percent y/y. Operating profit stood at PLN 79.16 million, down from PLN 80.76 million a year earlier. Revenues amounted to PLN 1.67 billion, up by 7.4 percent y/y. “The group is co...

Locked content LPP with PLN 557 mln revenue in August

WSE-listed fashion retailer LPP recorded consolidated revenue of PLN 557 million in August, which marks a 13 percent increase y/y, the company stated. For January-August 2017, revenue amounted to PLN 4.28 billion, a 15 percent increase y/y. Internet sales stood at PLN 18.3 million in August and were...

Locked content CCC revenue soars in August

WSE-listed footwear retailer CCC increased its sales revenue in August by 40.1 percent reaching PLN 233 million, the company said in a market filing. Revenue for the period between January and August stood at PLN 1.99 billion and was 28.1 percent higher y/y. CCC recorded PLN 46 million in revenue th...

Locked content Comarch with PLN 5.96 mln Q2 net profit

WSE-listed IT group Comarch recorded a PLN 5.96 million consolidated net profit in Q2, up by 6.8 percent y/y. EBIT pummeled by 69.6 percent to PLN 6.98 million. Revenues were up down by 8.9 percent to PLN 248.8 million. The figures were boosted by the result on financial operations at positive PLN 4...

Locked content Fuel prices continue to grow, will grow even further

Average fuel prices went up by PLN 0.02, while diesel prices dropped by 0.02 according to BM Reflex, a fuel branch consultancy company, LPG prices shot up by PLN 0.07. Currently, gasoline sells at PLN 4.48/liter, diesel at PLN 4.27/liter and LPG at PLN 2.01. The current prices are since July 2015, a...

Locked content Enter Air sign $46.3 mln deal with Rainbow Tours

WSE-listed charter air carrier Enter Air signed a $46.3 million contract with tour operator Rainbow Tours for the next year’s tourist season, the company said in a market filing. The deal is 41 percent higher than last year’s and due to the growing demand, Enter Air is considering fleet expansion ne...

Locked content Orbis to open 8 hotels in CEE

WSE-listed hotel operator Orbis will open eight new hotels in Eastern Europe in the coming months, the company said in a press release. The company plans to open facilities in Romania (Mercure Sighisoara Binderbubi, ibis Styles Arad, Mercure Bucharest Unirii), Serbia (Mercure Belgrade Excelsior), Bo...