Locked content Emperia shareholders decide on delisting

Emperia shareholders decided on delisting of company shares from the Warsaw Stock Exchange as a result of the mandatory tender offer. Following the offer Maxima Grupe together with its unit Elpro Development owns 100 percent in Emperia. UOKiK approved the acquisition of control over Emperia by Maxim...

Locked content Maxima extends Emperia tender yet again

Lithuanian retailer Maxima Grupe has extended its tender for 100 percent stake in WSE-listed retailer Emperia to April 12 from the previous March 16 end-date as the company failed to secure the antitrust watchdog UOKiK approval for the takeover in the previously assumed deadline. This is the second ...

Locked content Emperia with PLN 35.7 mln 2017 net profit

WSE-listed retailer Emperia posted a PLN 10.13 million attributable net profit in Q4, 35.4 percent down y/y. Operating profit was down by 45.4 percent to PLN 10.7 million, while revenues amounted to PLN 699.3 million, an 11.5 percent y/y growth. For 2017, Emperia had PLN 35.75 million net profit com...

Locked content Maxima extends Emperia tender

Lithuanian retailer Maxima Grupe has extended its tender for 100 percent stake in WSE-listed retailer Emperia to March 16 from the previous February 21 end-date. The reason for the extension is the failure to secure the antitrust watchdog UOKiK approval for the takeover in the previously assumed dea...

Locked content Emperia January sales reach PLN 212 mln

WSE-listed retailer Emperia sales in January amounted to PLN 212 million, a 13 percent y/y increase. In LfL terms, sales increased by 5.4 percent y/y. In January Emperia opened 5 new stores, including 1 Stokrotka markets, 3 Stokrotka Express stores, and 1 franchise shop to bring the total count to 4...

Locked content Emperia takeover stalled by UOKiK

The antitrust watchdog UOKiK launched the second stage of its proceedings into the potential takeover of WSE-listed retailer Emperia by Lithuanian Maxima Grupe. Such phase is reserved for more complicated cases. UOKiK wants to conduct, among others, market analysis. Back in November, Maxima Grupa la...

Locked content Emperia December sales reach PLN 251 mln

WSE-listed retailer Emperia sales in December amounted to PLN 251 million, a 11.9 percent y/y increase. In LfL terms, sales increased by 5.2 percent y/y. For the whole 2017, the company sales amounted to PLN 2.51 billion, up by 8.4 percent y/y. In December, Emperia opened 25 new stores, including 6 ...

Locked content Stokrotka with 10.6% sales growth y/y in November

Sales in the Stokrotka retail chain, owned by WSE-listed Emperia Holding, increased in November by 10.6 percent y/y to PLN 205 million, the company stated. Revenue from sales in the October-November period stood at PLN 431 million, an 11 percent increase y/y, while for the January-November period re...

Locked content Maxima Grupe to launch a tender for 100% Emperia shares

Lithuanian retailer Maxima Grupe has signed an investment agreement with WSE-listed retailer Emperia Holding to launch a tender offer for 100 percent shares in the Polish company. The price was set at no less than PLN 100 apiece. According to the agreement, the management board of Emperia pledged no...

Locked content Emperia in talks with Lithuanian Maxima as potential investor

WSE-listed retailer Emperia has started talks with Lithuanian peer Maxima as a potential investor, Emperia said in a market filing confirming earlier reports by daily Parkiet. The talks should be concluded this year, according to Emperia. “The Company’s Management Board emphasizes that no defi...