Transgaz - Skyrocketed Q1 pushed FY profit to all time high
Transgaz reported its preliminary FY report this morning. FY Profit reached record-breaking levels at RON 602 million 1.5% higher than a year ago. Although Q4 result was weak, profit from Q1 and strong financial results pushed FY profit to all time high. Nonetheless, we believe market will focus on the FY results and not on the quarterly result.
Concorde Securities Ltd. is Hungary’s leading independent company engaged in investment banking activities. It provides its clients with integrated financial services, including securities trading, research, corporate financing advisory, capital market transactions, wealth management and investment advisory. The operational management of the company is the responsibility of the CEO, while the owners/managers (who control one-third of the company through their shares and options) are in charge of its strategic governance. Concorde Securities Ltd. is a member of the Budapest, Frankfurt, Warsaw and Bucharest stock exchanges, as well as of the Hungarian Association of Investment Service Providers.
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