PKO Bank Polski - Archicom SA (ARH) Archicom - 1Q 19 results: close to expectations (neutral)

Report

PKO Bank Polski

Piotr Zybała

Archicom - 1Q 19 results: close to expectations (neutral)

Research prepared by PKO BP Securities

29/05/2019 3 EN

Underlying

Archicom SA

Archicom SA is a Poland-based company engaged in the homebuilding industry. The Company is active in the construction of multifamily homes and commercial spaces. It portfolio encompasses of several projects, such as Olimpia Port, Ogrody Hallera, Sloneczne Inwestycje, Spirala Czasu, Na Ustroniu, Na Krzyckiej, Cztery Pory Roku, Rozy Wiatrow, Siena and Ksiezno, as well as Liskego 7, West Forum and Renaissance BC. The main shareholder of the Company is DKR Investment Sp z o o. In Archicom Studio, a company operating within the Group Archicom, the Company develops the architectural concepts. Archicom SA concentrates its activities mainly in Wroclaw. It operates through Altona Investments Sp z o o.

See profile

PLARHCM00016 Warsaw Stock Exchange Poland

Provider

PKO Bank Polski

See profile

Analysts

Piotr Zybała

Other Reports on these Companies

SmartInsider

Archicom S.A.: 1 director

A director at Archicom S.A. sold 610,742 shares at 22.000PLN and the significance rating of the trade was 100/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of boar...

Free Trial

October 4, 2023 October 4, 2023 1 EN

Independent Investment Research

Monthly LMI Update Independent Investment Research

Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked. This compares to the total dividends of 5 cents per share in FY20. The Board has confirmed that, in...

August 6, 2021 August 6, 2021 10 EN

Ipopema Securities

Polish Residential Developers 4Q19E result previews

The number of units delivered was in line with our FY19 expectations, while the number of pre-sales was 21% above our estimates (582 units in 4Q19, +86% y/y on improved dwellings offer). Our 4Q19 forecast implies FY19 revenues of PLN 814m and EBIT ex. revaluations of PLN 262m and net profit ex. revaluations of ca. PLN 193m (broadly in line with our previous expectations). As a reminder, our in our forecasts we assume a 75% pay-out ratio of adjusted consolidated net profit with additional payment of PLN 40m after disposals from 2019E, implying DPS of PLN 0.41 (DY 15.8%).

EUR 150.00

January 24, 2020 January 24, 2020 9 EN

Famur - Bullish outlook + hard rock entry (positive)

Research prepared by PKO BP Securities

June 5, 2019 June 5, 2019 3 EN

Piotr Łopaciuk

Piotr Łopaciuk

Stalexport - Benefit on VAT exemption? (positive)

Research prepared by PKO BP Securities

June 5, 2019 June 5, 2019 3 EN

Artur Iwański

Artur Iwański

- Dziennik

Research prepared by PKO BP Securities

June 5, 2019 June 5, 2019 10 PL

Sign-up for free to access full reports immediately

Email Address*

Choose Password* ( 6 or more characters )

Due to regulatory restrictions regarding the distribution of financial research, this report is restricted to a specific region or investor type. Get access to exclusive reports by answering the questions below.

Select your country*

Get financial insights straight to your inbox

By clicking "register" you accept the Terms and Conditions & Privacy Policy

Already on ResearchPool?

Almost there...

Are you a professional investor?

Select your country

REGISTER

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

In order to access this report please create an account.

LOGIN

Archicom - 1Q 19 results: close to expectations (neutral)

Archicom S.A.: 1 director

Monthly LMI Update Independent Investment Research

Polish Residential Developers 4Q19E result previews

Famur - Bullish outlook + hard rock entry (positive)

Stalexport - Benefit on VAT exemption? (positive)

- Dziennik

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

Sign-up for free to access full reports immediately

ResearchPool Subscriptions

Get the most out of your insights

Why subscribe?

How to subscribe

ResearchPool Subscriptions

This report is only available to subscribers

Why subscribe?

How to subscribe