Report
Research Team

WOOD Daily: EME Macro/Strategy – TL; PGE PW; THYAO TI; GPP PW; EU Oil & Gas Monthly; PL Macro; RO Macro; ARABIAND AB; MBR PW; DNP PW; TEN PW; DAT PW; M RO

HEADLINES:
• EME Macro/Strategy: Türkiye – unprecedented CHP victory in local elections
• PGE: 4Q23 fully in line with prelims NEUTRAL
• Turkish Airlines: 4Q24 conference call takeaways POSITIVE
• Grupa Pracuj: key takeaways from the 4Q23 earnings call NEUTRAL
• European oil and gas monthly: March 2024 – winter was survived, as expected
• Poland macro: MPC keeps rates on hold, as expected
• Romania macro: rates on hold, with a word of caution
• Arabian Drilling: may have three offshore contracts suspended
• Mo-BRUK: WSA annuls unfavourable decision regarding 2017 waste storage fee increase POSITIVE
• Dino: 32 new stores added in 1Q24 (shopping space +11% yoy) NEUTRAL
• Ten Square Games: 1Q24 booking estimate down 8% qoq, broadly as expected NEUTRAL
• DataWalk: obtaining another patent in the US POSITIVE
• MedLife: acquires genetics testing business NEUTRAL
• Short News (CEZ)
Underlyings
ARABIAN DRILLING CO.

Dino Polska S.A.

Dino Polska is engaged in the business of retail sale in non-specialized stores with food, beverages and tobacco. In addition, Co. conducts processing of meats and the resulting products are dedicated, in the form of culinary meat, to external recipients within Co.'s retail chain. As of December 31, 2016, Co. operated a network of 628 Dino stores.

GRUPA PRACUJ DA

Med Life

Mo-BRUK S.A.

Mo-Bruk SA is a Poland-based company involved in the production of concrete. It is also active in the area of hazardous and other than hazardous industrial waste management. Additionally, the Company operates a waste recovery plant, waste recycling plant, alternative fuel production plant and an industrial waste landfill. The Company produces alternative fuels from municipal and industrial wastes. The Company is also the owner of two open non-stop petrol stations for liquefied fuel, as well as a technical inspection station. Mo-Bruk SA is also engaged in the construction of concrete surfaces. As of December 31, 2011, the Company operated one wholly owned subsidiary, Raf-Ekologia Sp. z o.o.

PGE Polska Grupa Energetyczna S.A.

PGE Polska Grupa Energetyczna is an electricity company based in Poland. Co. is engaged in the generation and selling of electricity. Co. is a predominant power producer and supplier in Poland and a major heat and power sector company in Central and Eastern Europe. Co. supplies over 5 million households, businesses and institutions through a combination of its own fuel resources (lignite), power generation and final distribution networks. Co.'s activities focus on the following areas: Conventional Power Generation, Renewable Power Generation, Nuclear Power Generation, Wholesale, Distribution and Retail. Co. has 12.2 GW of installed generation capacity.

Ten Square Games

Ten Square Games SA is a Poland-based mobile games development company. The Company is focused on 3D simulation hobby games for people who seek outdoor experiences on their mobile devices, like fishing or hunting games. Its games are available on social platforms, a network of partner sites, as well as on Google Play, App Store and Microsoft Store.

Turk Hava Yollari A.O.

Turk Hava Yollari is engaged in the airline industry with the airline flying to 103 destinations, throughout Turkey and internationally. As of the year end, Co. maintains 66 aircrafts with a total seat capacity of 10,672, and leases a A300-200 cargo aircraft. Co. has various services for their customers which include: various ways of checking in and on-line ticket sales.

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