Report
Research Team

WOOD Daily: ALE PW; 4IG HB; DUNAHOUS HB; EME Macro/Strategy; HUG PW; TGN RO; CPS PW; PCF PW; CAR PW

HEADLINES:
• Allegro: fear of the dark (stays BUY)
• 4iG: 1Q23 results review - solid results distorted by business transformation NEUTRAL
• Duna House: 1Q23 - contribution from apartment handovers, expects 1Q23 to mark a bottom in market POSITIVE
• EME Macro/Strategy: May update
• Huuuge Games: earnings call takeaways NEUTRAL
• Transgaz: regulated revenues set at RON 1.6bn, versus RON 1.0bn in 2021 POSITIVE
• Cyfrowy Polsat: recommends no dividend from the 2022 net profit NEGATIVE
• PCF Group: commencement of negotiations regarding PLN 50m three-year revolving credit facility NEUTRAL
• Inter Cars: CFO interview with PAP - 2023E revenues should rise by at least 20% yoy NEUTRAL
Underlyings
4iG Nyrt

4iG Nyrt. 4iG Nyrt, formerly Freesoft Szoftverfejleszto es Szamitatechnikai Szolgaltato Nyrt is a Hungary-based company engaged in providing software products and consultancy. The Company's activities include development and implementation of specific, custom-made software systems, document management, knowledge management, portal and collaboration applications, complex services for business needs in the areas of implementation, support and consultation, intranet- and Internet-based development, services, graphical and creative design, and consultation, design, development and implementation of mobile business applications, as well as operation, support, outsourcing, application service provision (ASP), application portfolio management (APM), hosting and other services. The Company has three subsidiaries: Axis Consuling 2000 Kft, BankSoft Kft and HUMANsoft Kft.

Allegro.eu SA

Cyfrowy Polsat SA

Duna House

Inter Cars S.A.

Inter Cars is an automotive spare parts distributor for passenger cars, commercial vehicles and trucks in Middle-Eastern Europe. The product range of Co. reaches over one million different automotive spare parts for passenger cars and trucks. No matter if the car is European or Asian one, Co.'s customers can find full range of products for their cars as well as all the necessary tools and garage equipment. Besides spare parts distribution, which is the core business of Co., Co. is also an exclusive distributor of legendary motorcycle brand “TRIUMPH” in Poland (via motorcycle distribution network, called Inter Motors) and distributor of spare parts and accessories for other motorcycle brands.

PCF Group SA

Societatea Nationala de Transport Gaze Naturale Transgaz S.A.

Provider
Wood and Company
Wood and Company

WOOD & Company is the leading investment bank in Emerging Europe. Founded in 1991 and head-quartered in Prague, our footprint spans the region and touches investors around the globe.

A pioneer in Emerging Europe, WOOD executed many of the first CEE equity trades and landmark investment banking transactions. Our electronic trading platform was the first in the region, and remains the best. We are continually expanding our relevance and reach in these ever-evolving markets.

Our equity market share reflects our stature: 7% in Warsaw, 20% in Bucharest, 16% in Hungary, 40% in Prague and 5% in Vienna. Our distribution is unparalleled, with the largest salesforce in the region, servicing a uniquely diverse investor base.

We couple local expertise with a truly international perspective. With offices on the ground in the region, and in key financial hubs such as London and Milano, we are never far from our clients and we remain at the forefront of what’s afoot in the CEE emerging and frontier landscape.

Analysts
Research Team

Other Reports on these Companies
Other Reports from Wood and Company

ResearchPool Subscriptions

Get the most out of your insights

Get in touch