PKO Bank Polski - Erbud SA (ERB) Erbud - 1Q19 results: slightly above expectations (neutral)

Report

PKO Bank Polski

Piotr Zybała

Erbud - 1Q19 results: slightly above expectations (neutral)

Research prepared by PKO BP Securities

15/05/2019 3 EN

Underlying

Erbud SA

Erbud is a construction company in Poland. Co. performs services as a general contractor and a subcontractor which develops projects for private and public investors in retail, public utility, road engineering, power and residential construction sectors. Co. develops projects in Poland and abroad: in Germany, Belgium, Luxemburg and Holland.

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PLERBUD00012 Warsaw Stock Exchange Poland

Provider

PKO Bank Polski

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Analysts

Piotr Zybała

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Erbud - 1Q19 results: slightly above expectations (neutral)

Rovese SA - Company Profile and SWOT Analysis

Erbud S.A.: 1 director

Erbud: 2Q20E resultsâ€™ preview â€“ lower yoy results mainly due to a high base and one-off gains in the base period

Famur - Bullish outlook + hard rock entry (positive)

Stalexport - Benefit on VAT exemption? (positive)

- Dziennik

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