PKO Bank Polski - PGE (PGE) PGE - 1Q19 results in line with the preliminary figures. Neutral

Report

PKO Bank Polski

Stanisław Ozga

PGE - 1Q19 results in line with the preliminary figures. Neutral

Research prepared by PKO BP Securities

29/05/2019 5 EN

Underlying

PGE

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Provider

PKO Bank Polski

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Analysts

Stanisław Ozga

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PGE - 1Q19 results in line with the preliminary figures. Neutral

PGE - 1Q19 adjusted EBITDA in line with expectations. Neutral

What is new? Cheap coal and expensive CO2.

Famur - Bullish outlook + hard rock entry (positive)

Stalexport - Benefit on VAT exemption? (positive)

- Dziennik

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