Locked content Śnieżka sees 2018 results better than last year

Paint producer Śnieżka expects 2018 results to improve due to the growth of the paint market in Poland and stabilization of titanium white prices, Vice-President of the management board Witold Waśko stated. “We improve the results every year, and we believe this year there will be an improveme...

Locked content LPP sees revenue at PLN 10.5 billion in 2021

Clothing retailer LPP targets 2021 revenue at PLN 10.5 billion compared to PLN 7 billion in 2017. The company plans investment of PLN 1.5 billion in the network of shops till 2021, LPP said in a statement. The retailer plans online sales share to reach 20 percent in 2021 versus 8 percent currently. ...

Locked content Huawei CBG Polska sees 2018 revenue up 30-40% y/y

Huawei CBG Polska targets revenue growing by 30-40 percent this year compared to about €400 million in 2017, the managing director in Poland Jefferson Zhang said. The company is changing its marketing strategy in Poland. After a series of flagships, it wants to provide more models in medium segments...

Locked content Amica sees 2018 EBITDA margin not lower than in 2017

Kitchen appliance producer Amica expects that despite weaker results in Q1, its EBITDA margin in 2018 will be at least similar to the previous year, i.e. above 7 percent, vice-president Wojciech Kocikowski said. In Q1 EBITDA margin decreased by 2.1 percentage points to 6.7 percent. Revenues grew 10 ...

Bank BGŻ BNP Paribas targets ROE at more than 10%

WSE-listed lender BGŻ BNP Paribas approved the new strategy for 2018-2022.  The bank plans to have the growth rate of banking activities faster than the market. BGŻ targets ROE above 10 percent and C/I ratio at around 50 percent.