PKO Bank Polski - Lotos (LTS) Lotos - Refining macro data update â€“ April 2019: refining margins and gas prices weaken (negative)

Report

PKO Bank Polski

Tomasz Kasowicz

Lotos - Refining macro data update â€“ April 2019: refining margins and gas prices weaken (negative)

Research prepared by PKO BP Securities

06/05/2019 3 EN

Underlying

Lotos

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Provider

PKO Bank Polski

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Analysts

Tomasz Kasowicz

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Lotos - Refining macro data update â€“ April 2019: refining margins and gas prices weaken (negative)

Lotos - Refining macro data update â€“ May 2019: flattish refining margin in May (neutral)

Lotos - 1Q19 Earnings Review: net profit miss estimates on higher financial costs (negative)

Famur - Bullish outlook + hard rock entry (positive)

Stalexport - Benefit on VAT exemption? (positive)

- Dziennik

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