Report
Piotr Zybała

Polnord - 4Q’18: Significant write-down of receivables (negative)

Research prepared by PKO BP Securities
Underlying
Polnord S.A.

Polnord is a holding company. Through its subsidiaries, the core business of Co. is construction and sale of residential and commercial property. Co.'s activities include construction; manufacturing of carpenter's works and woodwork for the construction industry; manufacturing sanitary ware, concrete and plaster products; manufacturing metal construction elements; wholesale of construction material, sanitary equipment, metal articles as well as hydraulic and heating equipment; wholesale of chemical equipment; export of construction services; real estate maintenance; activities relative to architecture and engineering; and lease of machines and construction equipment.

Provider
PKO Bank Polski
PKO Bank Polski

Analysts
Piotr Zybała

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