Locked content DM mBanku neutral on IT companies, favores Atende

Brokerage DM mBanku estimated IT companies’ perspectives on The Warsaw Stock Exchange (GPW) neutrally, keeping “overweight” rating for Asseco South Eastern Europe, Atende, and Wasko. The brokerage gives “underweight” recommendation for Asseco Poland. DM mBanku estimates that in the first quart...

Locked content WSE total equity turnover declines 27.7% y/y in April

Equity trading on the main market of the Warsaw Stock Exchange declined by 27.7 percent to PLN 14.4 billion, the stock exchange reported. The market capitalization of 426 companies listed on the main market stood at PLN 616.5 billion at the end of April (€ 146.1 million). On the NewConnect market, t...

Locked content Vistula Group sales in April grow by 15.5% y/y

WSE-listed fashion retailer Vistula Group recorded April sales of PLN 56.4 million, a growth of 15.5 percent y/y, the company reported. Revenues from sales in the clothing segment (Vistula, Wólczanka, Deni Cler brands) amounted to PLN 34 million, 17.2 percent higher compared to April 2017. During th...

Locked content Wittchen sales in April reach PLN 14.6 mln

Polish premium footwear and clothing group Wittchen April sales rose by 27 percent and amounted PLN 14.6 million, the company reported. Revenues from retail sales were PLN 12.1 million, a 26 percent growth year-on-year. In B2B segment revenues reached PLN 2.3 million, increasing by 34 percent in com...

Polnord’s apartment sales soar in 2017

Warsaw Stock Exchange-listed developer Polnord sold 1,389 units last year, which marks a 36-percent increase upon the year 2016. The company’s sales revenues amounted to PLN 293.6 million, which represents a 66-percent increase y/y and is the best result since 2007. Polnord last year put up for sale...