WSE revenues at PLN 77.2 mln; hopes for several IPOs
14:40
The Warsaw Stock Exchange recorded net profits of PLN 27 million in Q2 2015 and revenues of PLN 77.2 million, the bourse announced.
Revenues grew by 11.4 percent y/y and profits rose by 32.2 percent y/y. EBITDA amounted to PLN 37.8 million, an increase of 20 percent y/y.
The Warsaw Stock Exchange hopes to attract at least a few large IPOs.
"We also know of preparations of a few large offerings by private entities worth over EUR 100 mln each," on top of Bank Pocztowy offering in the autumn and Poczta Polska in 2016, "which may draw a bigger crowd of new retail investors," Paweł Tamborski, CEO of the bourse, said.