Locked content Bytom sales up 22% in August

WSE-listed fashion retailer Bytom had PLN 15.5 million in sales revenues in June, registering a 22.4 percent y/y increase. Year-to-date Bytom sales grew by 13.7 percent y/y to PLN 127.1 million, while like-for-like sales grew by 9.9 percent to PLN 117.67 million….

Locked content UOKiK approves Vistula and Bytom merger

The antitrust watchdog UOKiK gave the green light for the merger of Vistula Group and Bytom, the companies said. According to the merger plan, Vistula Group will receive a 100 percent stake in Bytom. Initially, the companies agreed that one share of Bytom will be exchanged for 0.82 percent Vistula s...

Locked content Bytom sales up 18.9% in May

WSE-listed fashion retailer Bytom had PLN 19.4 million in sales revenues in May, registering an 18.9 percent y/y increase. Retail sales stood at PLN 18.8 million, including PLN 17.9 million like-for-like sales. Retail sales grew by 18.8 percent y/y, while lfl sales were up 13.4 percent. Wholesale sa...

Locked content Bytom and Vistula set new share parity for the planned merger

WSE-listed fashion retailers Vistula and Bytom decided to adjust the share parity in the planned merger to 0.72 from the previous 0.82, meaning that for every Bytom share, its shareholders would receive 0.72 Vistula share. According to the updated merger plan of Vistula and Bytom, the share capital ...

Locked content Bytom January sales on the rise

WSE-listed fashion retailer Bytom had a PLN 13.13 million in sales revenues (12.8 percent y/y increase) in January, the company said in a market filing. LfL sales were up 12.8 percent at PLN 13.13 million. Retail and wholesale sales margins amounted to PLN 6.94 million and were higher by 19.7 percen...

Locked content Vistula-Bytom merger to be renegotiated?

WSE-listed fashion retailers Vistula and Bytom might adjust the share parity in the planned merger, as Bytom sales are lower than estimated. “Based on the monthly sales reports, it seems that at some points the assumptions presented by the board when preparing the valuation could be too ambitious. W...

Locked content UOKiK extends Bytom-Vistula merger proceedings

The antitrust watchdog UOKiK has extended antimonopoly proceedings on the merger of clothing retailers Vistula and Bytom by 4 months. The case has been entered into the second phase of the proceedings, reserved for more complicated cases. UOKiK now can conduct, among others, market analysis. The mer...

Locked content Bytom Q3 profit down

WSE-listed fashion retailer had a PLN 1.95 million net profit in Q3, down by 54.7 percent y/y. Operating profit stood at PLN 2.48 million, down by 6.2 percent y/y. Revenues amounted to PLN 42.33 million, up by 17.9 percent y/y. In Q1-Q3, the company had PLN 6.21 million consolidated net profit compa...

Locked content Vistula and Bytom sign merger plan

WSE-listed fashion retailers Vistula and Bytom signed a merger plan, both companies announced. According to it, the share parity has been set at 0.82, meaning that for every Bytom share, its shareholders would receive 0.82 Vistula share. “Under the deal conditions, 60,658,220 Vistula shares valued a...