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DM BOÅš: Daily research report

Large-cap companies news

 Azoty, PuÅ‚awy, Police: 2Q20 results revealed; Weaker adjusted EBITDA after deducting energy compensations from URE (booked in both other operating income and gross margin), cash flow supported by positive NWC changes and factoring

PZU: 1H20 financial results released

PZU: Changes in the management board

Banks: Head of central bank of financial stability on banks

Asset managers: Press on inflows in August

Asset managers: Press on PPK implementation

 Small- and mid-cap companies news

 Inter Cars: Strong 2Q20 financials; SG&A costs lower than expected; ND excl. IFRS16 at PLN 676 million, impressive yoy drop

OEX: 2Q20 results released – strong earnings, above our forecasts

Celon Pharma: The treatment of COVID-19 and flu infections – PLN 39 million grant

Provider
BOS Brokerage
BOS Brokerage

BOS Brokerage, with over 20-year experience, offers brokerage services on the Polish capital market to satisfy numerous needs of institutional and retail investors.

Our comprehensive offer includes brokerage services on both the stock exchange and the forex market as well as brokerage services on the energy market, debt and equity issues, distribution of investment funds and assets management.

BOS Brokerage analytical team belongs to the most appreciated and acclaimed on the market. According to Parkiet daily’s poll (as of January 7, 2019), DM BOŚ equity research team was selected by institutional investors as the third best in Poland. Moreover, the team members won several individual best analysts awards, including Sobiesław Pająk – IT (best analyst), media/telco (ranked 2.), strategy (ranked 4.), Tomasz Rodak – video games (best analyst), overall ranked 5., Łukasz Prokopiuk – chemicals (ranked 2.), mining (ranked 3.), Maciej Wewiórski – real estate (ranked 3.).

In August 2017 Parkiet daily indicated DM BOŚ recommendations as the most accurate over 12 months and according to the Puls Biznesu daily (as of April 11, 2017) DM BOŚ research team was the most prolific on the Polish market and issued the biggest number of recommendations (247) in the years 2014-2016.

The analysts handle over 80 companies listed on the Warsaw Stock Exchange.

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