Report
Sašo Stanovnik

Slovenian Weekly Report 2.10.2017-6.10.2017

The next 3Q17 (9M17) results schedule is as follows:
 
Telekom; 26.10.2017
Gorenje; 10.11.2017
Krka; 16.11.2017
Pozavarovalnica Sava; 16.11.2017
Intereuropa; 16.11.2017
Mercator; 16.11.2017
Zavarovalnica Triglav; 17.11.2017
Petrol; 17.11.2017
Cinkarna Celje; 22.11.2017
Luka Koper; 24.11.2017
Unior; 30.11.2017
 
  • Overall excellent domestic economic data and sentiment dynamic promise another good quarter. The same can be said for exporters.
  • Note that SBI TOP EPS surged by 25% YoY in 1H17 vs 1H16.
  • In addition for companies like Petrol 3Q is also seasonally important and should be very strong this year.
  • On the other hand its true that in several cases seasonal dynamic is weaker in the second half of the year…
Provider
Alta Invest
Alta Invest

ALTA Invest, investicijske storitve, d.d., (ALTA Invest, investment services, Inc.) is a part of ALTA Group, the biggest financial non-banking group in Slovenia. ALTA Invest has around 28% market share on the domestic Ljubljana Stock Exchange and has more than EUR 95m of assets under management.

Our trading advantage is our execution of large trading blocks with low impact on the market. We offer trading on several platforms on numerous markets, with a wide variety of financial instruments. Our advantage is also a research department, which is both sell side and buy side and has the far most extensive and regular coverage of domestic companies. We cover 9 companies on Ljubljana Stock Exchange, which is around 90% of Mcap on LJSE – and here we are practically the only local broker providing this kind of extensive and regular coverage for Slovenian companies.

A part of ALTA Group are ALTA Skladi, a mutual fund asset management company with roughly EUR 260m of asset under management. ALTA Group is also extensively involved in corporate finance projects and raised considerable assets (fixed income and equity) in the last two years for several companies.

Analysts
Sašo Stanovnik

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