Report
Research Team

WOOD Daily: ILRA CZ; CZG CP; ACP PW; TL Macro; GPP PW; HUG PW; MOH GA; SNP RO

HEADLINES:
• Ilirija d.d.: good times by the sea are back (NOT RATED)
• Colt CZ Group SE: 3Q23 miss and Vista bid NEGATIVE
• Asseco Poland: 3Q23 review - net profit down 11% yoy, 1% above preliminaries NEUTRAL
• Turkey macro: CBT approaching the end of the tightening cycle
• Grupa Pracuj: key takeaways from the 3Q23 earnings call POSITIVE
• Huuuge Games: takeaways - solid short-term earnings outlook maintained, but more litigation recently NEUTRAL
• Motor Oil Hellas: strategy update POSITIVE
• OMV Petrom: signs agreement to acquire 50% of company collecting used cooking oil NEUTRAL
• Short News (BFT, VGO)
Underlyings
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.

Autohellas S.A.

Autohellas is a Hertz national franchisee. Co. is engaged in the rent-a-car segment, comprising of renting (short-term lease) and fleet management (long-term lease and fleet management) in Greece, Bulgaria, Cyprus, Romania, Serbia and Montenegro. Renting covers the needs of both individuals and companies for occasional, small duration rentals up to 1 year long.

Ceska Zbrojovka Group

GRUPA PRACUJ DA

Ilirija d.d.

Petrom 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

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