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)
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