InPost to hold IPO in H1

InPost,  Poland's second largest postal operator may launch the initial public offering (IPO) by the end of June this year, its parent company Integer informed. However, the offer may be also postponed until after the summer vacations, the Integer CEO Rafał Brzoska said. "We hope that we manage to conduct the IPO of InPost in the first half of the year, but if the KNF [financial market watchdog] pores over the prospectus a little longer, we will launch the offer later," Brzoska told PAP. Postal services brought the group a revenue of PLN 116.5 million in the first quarter. Net profits amounted to PLN 3.3 million.