Locked content Pragma Inkaso expects better results in H2

Pragma Inkaso believes that the group will reach “significantly better results” in H2, the company’s management board stated in a letter to its shareholders. Pragma Inkaso reported revenue of PLN 23.0 million in H1, a 27 percent increase y/y. The group’s operating profit incr...

Locked content Budimex performs well in H1

Budimex, a property developer, recorded PLN 86.91 million of consolidated net profit attributable to equity holders in H1, compared to PLN 67.80 million a year before, the company reports. The operational profit of PLN 109.99 million was higher than the PLN 88.63 million recorded a year before. Cons...

Locked content BPH Bank with lower results y/y

BPH Bank noted PLN 33.52 million consolidated net profit in Q2 2014. Last year result was higher, with PLN 44.55 million profit, bank reported. Lender’s revenue from interest was PLN 231.42 million, in comparison to PLN 244.12 million a year before. The result of the fee and commission income ...

GDP grows in Q2

Polish economy grows, but slightly slower than in Q1, Central Statistical Office (GUS) reports. According to Q2 results, GDP grew by 3.3 percent. This result is better than 3.2 percent predictions. Seasonally adjusted GDP rose by 0.6 percent in comparison with Q1.

Locked content Asseco Poland fares better than expected

IT group Asseco Poland’s net profit in Q2 of 2014 was PLN 86.5 million, 9 percent better than market consensus. In the second quarter of 2014 Asseco Poland group had PLN 150.2 million operating profit. EBIT confirmed the consensus, analysts had expected a PLN 150.4 million profit. The company&...

Locked content PZU publishes Q2 2014 results

The consolidated net profit of Poland’s largest insurer PZU in the second quarter of 2014 increased to PLN 959,9 million from PLN 837,2 a year before, the company reports. PZU’s profit was slightly higher than market expectations, which assumed it to be PLN 904,7 million. The predictions...

Locked content Agora’s loss smaller than expected

Agora Group, one of Polish largest media holdings, published its latests operational results on Thursday, with a PLN 1 million loss in the second quarter of 2014. Agora Group ended last year’s second quarter with a result PLN 0.3 million worse. Analysts surveyed by the Polish Press Agency expe...