Sanok: 2Q20 results’ released – above the market consensus
Event: 2Q20 results’ released – above the market consensus.
Sanok released its 2Q20 consolidated results before today’s session.
Sanok Rubber Company SA, known as Sanockie Zaklady Przemyslu Gumowego Stomil Sanok SA, is a Poland-based company focused on development, production and marketing of products made from rubber and rubber combined with metal and other materials. The Company's business is divided into four segments: Automotive, Construction, Rubber Compounds and Industry and Agriculture. The Company manufactures a range of products used in such fields as car body sealing systems, car suspension and exhaust systems, electrical, power transmission, fuel and cooling systems, agriculture, household appliances and pharmaceutical industry.. The Company's customers are: Fiat, General Motors, Ford Motor, Volvo Cars, Suzuki, Volkswagen Group, Volvo Trucks, Mack Truck and LDV, among others. The Company operates through Stomet Sp. z o.o., PST Stomil Sp. z o.o., Stomil Sanok Dystrybucja Sp. z o.o., PHU Stomil East Sp. z o.o., Stomil Sanok Wiatka satz, and Stomil Sanok Rus Sp. z o.o., among others.
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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