PKO Bank Polski - Dino (DNP) Dino - 1Q19 slightly above expectations; LfLs +5% (~11% adj. by Easter); negative FCF (slightly positive)

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PKO Bank Polski

Adrian Skłodowski

Dino - 1Q19 slightly above expectations; LfLs +5% (~11% adj. by Easter); negative FCF (slightly positive)

Research prepared by PKO BP Securities

10/05/2019 5 EN

Underlying

Dino

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Provider

PKO Bank Polski

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Analysts

Adrian Skłodowski

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Dino - 1Q19 slightly above expectations; LfLs +5% (~11% adj. by Easter); negative FCF (slightly positive)

Famur - Bullish outlook + hard rock entry (positive)

Stalexport - Benefit on VAT exemption? (positive)

- Dziennik

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