Locked content Baltona May revenue up 29%

Duty-free and travel retailer Baltona recorded consolidated revenue of PLN 42.8 million in May, a 29 percent increase y/y.  In January-May revenue amounted to PLN 171.8 million, 10 percent more compared to the same period in 2017, the company reported. Retail stores (Travel Retail) generated revenue...

Locked content Ursus Q1 net result turns to loss of PLN 1.5 mln

WSE-listed tractor producer Ursus recorded Q1 net loss of PLN 1.47 million compared to a profit of PLN 3.61 million a year ago. Operating profit amounted to PLN 2.49 million compared to PLN 6.47 million in Q1 2017. Consolidated revenues stood at PLN 43.51 million. Q1 net results were negatively affe...

Locked content PBKM Q1 net profit grows to PLN 10 mln

Polish stem cell bank PBKM recorded Q1 net profit of PLN 9.96 million compared to PLN 5.89 million a year ago, the company said. Operating profit amounted to PLN 11.63 million compared to PLN 8.32 million profit in Q1 2017.  EBITDA  was  PLN 13.06 million, up 38.1 percent compared to a year earlier....

Locked content Energa Q1 net profit down at PLN 275 mln

Energa consolidated net profit in Q1 declined to PLN 275 million from PLN 210 million a year ago, the company reported. EBITDA grew by 4 percent y/y to PLN 626 million. The result had a positive impact from “limiting additional legal and contractual burdens.”  Sales revenue in Q1 slightly fell to PL...

Locked content Redan revenues fall by 3% in April

WSE-listed clothing company Redan recorded in April consolidated revenue of PLN 50 million, a 3 percent decline year-on-year. “The area of entire sales network of Redan Group at the end of April 2018 amounted to 142,200 sqm,  by about 2 percent less compared to April 2017,”  the company ...

Locked content T-Mobile Polska Q1 adjusted EBITDA declines to PLN 401 mln

T-Mobile Polska recorded PLN 1.57 billion revenue in the first quarter, a 0.2 percent drop year-on-year. Adjusted EBITDA fell by 7 percent to PLN 401 million, the company reported. EBITDA was affected by increased costs of serving clients in roaming resulting from “roam like in home” regulation in E...

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...

Locked content Getin Noble Bank net loss widens to PLN 575 mln in 2017

Getin Noble Bank recorded a net loss attributable to shareholders of PLN 574.94 million in 2017. This is almost ten times more compared to a loss of PLN 58.55 million in 2016. Getin Noble Bank S.A. Group net loss amounted to PLN 573.3 million. The result was negatively affected by net impairment los...

Locked content Biedronka sales grow by 15.6% y/y in Q1

Retailer Biedronka registered in the first quarter sales growth by 15.6 percent year-on-year to €2.9 billion. In PLN sales grew by 11.9 percent. Like-for-like sales rose by 8.6 percent, the company said. EBITDA amounted to PLN 198 million (up 15.7 percent), EBITDA margin was flat at 6.8 percent. In ...