HEADLINES: • Wirtualna Polska: shifting up a gear for e-commerce growth (stays BUY) • OMV: making chemical bonds (stays BUY) • Budimex: final 4Q24 results confirm prelims fully NEUTRAL • Budimex: recommends PLN 25.43 DPS from the 2024 earnings, 4.5% dividend yield NEUTRAL • Cyfrowy Polsat: key takeaways from the 4Q24 earnings call NEUTRAL • Enea: key takeaways from the 4Q24 conference NEUTRAL • 11 bit studios: release date of The Alters set as 13 June NEUTRAL
HEADLINES: • Enea: full 4Q24 results in line with preliminaries; PLN 7.9bn capex planned in 2025E NEGATIVE • Cyfrowy Polsat: 4Q24 results review – adjusted EBITDA up 15% yoy, in line with the consensus NEUTRAL • Kruk: issues 1Q25 trading statement NEUTRAL • Aegean Airlines: 1Q25 traffic – a strong start to the year POSITIVE • Turkish Airlines: 1Q25 traffic – 4% ASK growth yoy NEUTRAL • Auto Partner: March sales growth recovers to 13% yoy, but still well below our FY expectations NEUTRAL • Bank M...
HEADLINES: • OTP Bank: agrees to limit retail fees NEUTRAL • Benefit Systems: EGM approves capital increase, via issuance of up to 280k new shares NEUTRAL • Santander Bank Polska: may face change of strategic investor NEUTRAL • Inter Cars: March sales growth accelerates to 13% yoy NEUTRAL • Huuuge Games: preliminary 1Q25 bookings at USD 62m, almost flat qoq NEUTRAL
Announcement regarding the publication of the Consolidated audited annual information for 2024 AUGA group, AB under restructuring, code 126264360, address Konstitucijos ave. 21C, Vilnius (hereinafter – the Company), has its 2025 investor calendar with a scheduled publication of the Consolidated audited annual information for 2024 on April 8 of this year. Additionally, the Company has planned to provide information regarding the convocation of the Ordinary General Meeting of Shareholders and its agenda. However, the Consolidated audited annual information for the 2024 financial year will no...
Pranešimas dėl 2024 m. konsoliduotos audituotos metinės informacijos paskelbimo Restruktūrizuojama AUGA group, AB, kodas 126264360, adresas Konstitucijos pr. 21C, Vilnius (toliau – Bendrovė) 2025 m. investuotojo kalendoriuje , kad šių metų balandžio 8 d. turi paskelbti konsoliduotą audituotą metinę informaciją už 2024 m. Taip pat Bendrovė planavo pateikti informaciją apie šaukiamą eilinį visuotinį akcininkų susirinkimą ir jo darbotvarkę. Tačiau numatytą datą konsoliduota audituota metinė informacija už 2024 finansinius metus nebus paskelbta.Esminė priežastis, lėmusi šį atidėjimą kyla iš t...
Two Directors at OTP Bank Plc bought 18,109 shares at between 20,134.172HUF and 20,378.000HUF. The significance rating of the trade was 67/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors ov...
HEADLINES: • Magyar Telekom: regulatory risk outweighs the growth story (downgraded to HOLD) • DataWalk: actual 4Q24 figures in line with the prelims; strong hikes in sales funnel and value of acquired contracts in 1Q25 POSITIVE • LPP: key takeaways from 4Q24 and the strategy update presentation POSITIVE • Text: key takeaways from the 4Q24-25 preliminary earnings call NEUTRAL • Colt CZ Group SE: management's initial comment on US tariffs NEGATIVE • European oil and gas monthly: March 2025 – refi...
HEADLINES: • Mavi: a mispriced story with solid fundamentals (BUY - reinitiation of coverage) • Turkish banks: weather vs. climate (reinitiating on Akbank, Garanti, Isbank and Yapi Kredi with HOLDs) • Warsaw Stock Exchange: just move on up (stays BUY) • Benefit Systems: March sports cards addition surprises positively, mostly in Poland POSITIVE • MOL: announces dividend proposal of HUF 275/share NEUTRAL • EU macro: cohesion funds can be deployed for defence, housing and energy investments • Dino...
EME Equity Market – March 2025 Türkiye hammered, once again. The MSCI EM Europe Index advanced 0.5% in EUR terms and 4.5% mom in USD terms in March. The Czech PX Index was the best performer (+7.0% mom in EUR terms), followed by the Greek ASE (+4.8% mom), Polish WIG (+3.7% mom) and Hungarian BUX(+1.3% mom) indices (all in EUR terms). There was a muted performance from the Romanian BET Index (-0.1% mom in EUR terms). The Turkish ISE30 finished in the red again, declining 9.5% mom in EUR terms.
HEADLINES: • Orange Polska: strategy focused on growth (stays BUY) • Ignitis Group: making headway (BUY - transfer of coverage) • PZU: 4Q24 well ahead of expectations, holding structure to be created within PZU group POSITIVE • Grupa Pracuj: 4Q24 results – EBITDA up 9% yoy, 9% above our forecast and 1% above the consensus POSITIVE • Colt CZ Group SE: FY24 results review NEUTRAL • Public Power Corporation: 4Q24 earnings, and preview of a potential mega data centre NEUTRAL • Lamda Development: 4Q2...
HEADLINES: • Warsaw Stock Exchange: strong delivery in 4Q24, due mainly to the lower costs booked POSITIVE • CD Projekt: 4Q24 EBIT 7% above our forecast; The Witcher 4 to be released after 2026E NEUTRAL • KazMunayGas: 4Q24 results – below expectations NEGATIVE • Ten Square Games: earnings call takeaways – focus on flagship games’ monetisation improvement in 2Q25E NEUTRAL • Wirtualna Polska: key takeaways from the 4Q24 earnings call NEUTRAL • Eurowag: takeaways from the 2H24 earnings call NEUTRAL...
Decisions of the Extraordinary General Meeting of Shareholders of AUGA group, AB which took place on 19th March 2025 The Extraordinary General Meeting of Shareholders (hereinafter - the Meeting) of AUGA group, AB under restructuring (legal entity code 126264360, address: Konstitucijos ave. 21C, Vilnius; hereinafter - the Company) took place on 19th March 2025, the shareholders attending the Meeting held 146,487,361 shares, which entitled them to 146,487,361 votes i.e. 62,65% of votes granted by all shares of the Company.The Meeting was initiated, and the proposal for the revocation of the B...
AUGA group, AB neeilinio visuotinio akcininkų susirinkimo, įvykusio 2025 m. kovo 19 d., sprendimai 2025 m. kovo 19 d. įvyko restruktūrizuojamos AUGA group, AB (juridinio asmens kodas 126264360, buveinės adresas: Konstitucijos pr. 21C, Vilnius; Bendrovė) neeilinis visuotinis akcininkų susirinkimas (toliau – Susirinkimas). Jame dalyvavo akcininkai, kuriems priklauso 146 487 361 akcijų. Jos suteikia 146 487 361 balsų (t. y. 62,65% visų Bendrovės akcijų suteikiamų balsų). Susirinkimą inicijavo ir sprendimą atšaukti valdybą (in corpore) pasiūlė mažumos akcininkai, turintys daugiau nei 1/10 akcij...
Additional information on the Extraordinary General Meeting of Shareholders of the AUGA group, AB to be held on 19 March 2025 AUGA group, AB under restructuring (code126264360, registered office address Konstitucijos ave 21C, Vilnius, hereinafter - the Company) hereby provides additional information on the Extraordinary General Meeting of Shareholders to be held on 19 March 2025 (hereinafter - the Meeting). on February 24, 2025, by the initiative of minority shareholders, the agenda of the meeting includes the revocation of the current Board and the election of a new one. The minority...
Papildoma informacija apie 2025 m. kovo 19 d. vyksiantį AUGA group, AB neeilinį visuotinį akcininkų susirinkimą Restruktūrizuojama AUGA group, AB (kodas 126264360, buveinės adresas Konstitucijos pr. 21C, Vilnius, toliau - Bendrovė) šiuo pranešimu pateikia papildomą informaciją apie neeilinį visuotinį akcininkų susirinkimą, vyksiantį 2025 m. kovo 19 d. (toliau - Susirinkimas). 2025 02 24 d., mažumos akcininkų iniciatyva susirinkimo darbotvarkėje siūloma atšaukti esamą valdybą ir išrinkti naują. Mažumos akcininkai, kurie yra šio susirinkimo iniciatoriai, turintys daugiau nei 1/10 akcijų...
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