Earnings Poll: Poland's Cyfrowy Polsat Q3 net profit to rise 76% y/y

Cyfrowy Polsat SA

18/11/2024 14:02

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      Results due November 20 after market close
    

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      Net profit seen at 213 million zlotys, poll shows
    

  
       Nov 18 (Reuters) - Polish telecoms and media group
Cyfrowy Polsat  CPS.WA  is expected to report a 76% year on year
increase in third-quarter net profit, mainly due to an improved
performance in financial activities, a Reuters poll showed on
Monday.
    Cyfrowy Polsat is forecast to report a net profit of 213
million zlotys ($51.94 million), the average forecast from a
survey of five banks and brokerages showed. That would put net
profit for the first nine months of 2024 at 540 million zlotys.
    The following table summarises market forecasts for Cyfrowy
Polsat for the third quarter:
    
(Figures in millions of zlotys unless otherwise stated)
                  Net Profit  EBIT      Adjusted     Revenue
                                        EBITDA       
 Median                  210       485          846      3,462
 Average                 213       484          844      3,472
 Lowest                  179       449          832      3,449
 Highest                 252       511          856      3,502
 No. of f'casts            5         5            5          5
 Q3 2023                 121       511          775      3,456
 Q2 2024                 146       396          865      3,454
 
Forecasts provided by: Ipopema Securities, Santander DM, Trigon
DM, Wood&Co, Erste Securities.
    ($1 = 4.1011 zlotys)

 (Reporting by Marta Maciag; editing by Jason Neely)
 ((Marta.Maciag@thomsonreuters.com))