PKO Bank Polski - 11 Bit Studios S.A. (11B) 11 bit studios - 1Q19 results slightly below expectations (slightly negative)

Report

PKO Bank Polski

Piotr Łopaciuk

11 bit studios - 1Q19 results slightly below expectations (slightly negative)

Research prepared by PKO BP Securities

17/05/2019 3 EN

Underlying

11 Bit Studios S.A.

11 BIT STUDIOS SA is a Poland-based company engaged in the game development industry. Its product portfolio includes four games: Anomaly Korea, Sleepwalker's Journey, Funky Smugglers and Anomaly Warzone Earth. The Company produces video games for different devices, such as video consoles, personal computers (PC), and Apple products (iPhone, iPad), among others.

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PL11BTS00015 Warsaw Stock Exchange Poland

Provider

PKO Bank Polski

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Analysts

Piotr Łopaciuk

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11 bit studios - 1Q19 results slightly below expectations (slightly negative)

The Rear-View Mirror – EME markets: Czech PX in the lead in December

WOOD Daily: OPTIMA GA; CTPNV NA; PCF PW; CPS PW; WPL PW; BDX PW; 11B PW; HUG PW; TEN PW; DAT PW; GPP PW; DUNAHOUS HB

The Rear-View Mirror – EME markets: Turkish ISE 30 in the red in November

Famur - Bullish outlook + hard rock entry (positive)

Stalexport - Benefit on VAT exemption? (positive)

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