Report
Research Team

WOOD Daily: INPST NA; BOCH CY; DUNAHOUS HB; 4IG HB; TL Macro; PBK RO; ACP PW; FP RO; RO Energy; PL Banks

HEADLINES:
• InPost: 2Q22 beat; FY22E guidance maintained POSITIVE
• Bank of Cyprus: solid 2Q22 results and updated management guidance
• Duna House: 2Q22 - solid numbers, despite challenging macro backdrop POSITIVE
• 4iG: 2Q22 - quarterly results distorted by business transformation NEUTRAL
• Turkey macro: 2Q GDP posts strong print
• Patria Bank: 1Q22 results review
• Asseco Poland: key takeaways from the 2Q22 earnings call NEUTRAL
• Fondul Proprietatea: takeaways from the 2Q22 earnings call
• Romanian energy: Government meets today to discuss new energy package NEUTRAL
• Polish banks: 58% take-up ratio for credit holidays in Poland NEGATIVE
• Polish banks: new mortgage sales plunging further NEUTRAL
• Short News (CDR, TEN)
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.

Asseco Poland SA

Asseco Poland is a provider of proprietary information technology ("IT") solutions which is based in Poland. Co. is engaged in provision of consulting on IT infrastructure, security solutions, human resources solutions, outsourcing services as well as fully comprehensive IT support. Co.'s profile includes software and computer hardware consultancy, production of software as well as supply of software and hardware. This category includes analysing, developing, and programming ready-to-use IT systems. In addition to IT services, Co. also sells goods including mainly computer hardware.

Bank of Cyprus PCL

Duna House

Fondul Proprietatea S.A. GDR (Reg S)

InPost S.A.

Patria Bank SA

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

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