Picture of Eurocash SA logo

EUR — Eurocash SA News Story

0.000.00%
pl flag iconLast trade - 00:00
Consumer DefensivesAdventurousSmall CapNeutral

Polish retailer Eurocash unexpectedly swings to profit, shares jump

BUZZ-Polish retailer Eurocash unexpectedly swings to profit, shares jump

** Polish retailer Eurocash EUR.WA shares jump 8.7% after it reported Q2 results above market expectations

** Eurocash Q2 net result swings to profit of 1.3 million zlotys ($0.4 million), against a consensus of a 46.1-million-zloty loss cited by Erste

** "We assess the results as slightly positive," Trigon says

** "Despite difficult market conditions, the retail segment saw only a small LFL decline and managed to clearly improve profitability," the brokerage adds

($1 = 3.7067 zlotys)


(Reporting by Marta Maciag)

((Marta.maciag@thomsonreuters.com))

Recent news on Eurocash SA

See all news