Earnings Poll: Cyfrowy Polsat Q4 net profit to fall 65% y/y

Cyfrowy Polsat SA

05/04/2024 17:00

* 
      Cyfrowy Polsat Q4 results due April 11 after market close
    

        * 
      Net profit seen at 56 million zlotys - poll
    

  
       April 5 (Reuters) - Polish telecoms and media group
Cyfrowy Polsat  CPS.WA  is expected to report a 65% fall in
fourth-quarter net profit mainly due to lower operating results
and an increase in financial costs, a Reuters poll showed on
Friday.
    Cyfrowy Polsat is forecast to report a quarterly net profit
of 56 million zlotys ($14.17 million) the survey of seven banks
and brokerages showed. That would put a net profit for the whole
2023 at 234 million zlotys.


    The following table summarises market forecasts for Cyfrowy
Polsat for the fourth quarter of 2023:
(Figures in millions of zlotys unless otherwise stated)
                  Net Profit  EBIT      EBITDA       Revenue
 Median                   54       221          700      3,679
 Average                  56       227          711      3,674
 Lowest                   33       196          683      3,600
 Highest                  76       298          777      3,708
 No. of f'casts            7         7            7          7
 Q4 2022                 160       395          858      3,430
 Q3 2023                 121       511          995      3,456
 
Forecasts provided by: Santander BM, Ipopema Securities, DM BOŚ,
Trigon DM, Pekao BM, Wood&Co, Erste Securities.




($1 = 3.9522 zlotys)

 (Reporting By: Anna Maria Nowak; Editing By Tomasz Janowski:)
 ((annamaria.nowak@thomsonreuters.com))