Report
Research Team
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DM BOŚ: Daily research report – date 31.03.2020

Headlines

Large-cap companies news

PGNiG: US$ 1.5 billion refund sentenced for PGNiG by Arbitrage Court

PKN Orlen, Lotos: No decisions so far to abandon merger?

LPP: Lack of dividend

Banks: Press on BIK data

Banks: Fitch downgrades outlook for banks in CEE to negative

Banks: Suspension of loans at banks

Banks: ZBP negative on introduction of interest caps to short-term lending

Banks: ZBP not issuing yet official credit vacation recommendations

Financials: Sales results at non-bank lenders in February 4% lower yoy

Pension funds: Sales results at non-bank lenders in February 4% lower yoy

Small- and mid-cap companies news

VRG: 4Q19 results in line with forecasts

VRG: CFO

Ferro: 4Q19 results vs forecasts

Mercator Medical: 4Q19 final results released – close to preliminary figures

Eurotel: Lack of dividend from 2019 profits

Eurotel: 4Q19 results released – NP slightly below our forecasts

AB: CEO on the Company’s outlook

Netia: Delays in investments expected

Agora: Debt refinancing negotiations suspended, arrangements to current facilities

Ciech: COVID-19 effects on production

Bogdanka: Possible capex downsizing assuming COVID-19 continues to spread

Budimex: Placing the best offer

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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