Picture of Allegro.eu SA logo

ALE — Allegro.eu SA News Story

0.000.00%
pl flag iconLast trade - 00:00
Consumer CyclicalsAdventurousLarge CapHigh Flyer

Allegro rises after preliminary Q2 results beat guidance

BUZZ-Allegro rises after preliminary Q2 results beat guidance

** Polish e-commerce platform Allegro's ALEP.WA shares rise as much as 5.6% after its preliminary second-quarter results showed growth beating its full-year guidance

** The company's gross merchandise value (GMV) in Poland grew 11.8% in the first half of the year, ahead of its 9-11% annual forecast

** International GMV growth was also strong, rising 64.8% in the first half against a full-year guidance of 35-40%

** Trigon analysts called the results a "positive surprise"

** Share on track for a best day since June 16, when it closed 7.8 % higher

** Up to the previous session's close, shares were up 28.9%​ YTD


(Reporting by Alicja Surdy)

((AlicjaEwa.Surdy2@thomsonreuters.com;))

Recent news on Allegro.eu SA

See all news