Earnings Poll: Cyfrowy Polsat first quarter net profit forecast to rise 74%

Ipopema Securities SA

05/05/2021 14:08

* Cyfrowy Polsat Q1 results due May 12 after market close
    * Net profit forecast at 317 million zlotys -poll

    WARSAW, May 5 (Reuters) - Polish telecoms and media group
Cyfrowy Polsat  CPS.WA  is expected to report 74% year-on-year
growth in first-quarter net profit on lower financial costs, a
Reuters poll showed.
    The Cyfrowy Polsat group is expected to report net profit of
317 million zlotys ($83 million), the survey of 11 banks and
brokerages showed on Wednesday.
   
    The following table summarises market forecasts for Cyfrowy
Polsat for the first quarter of 2021: 
    (Figures in millions of zlotys unless otherwise stated)
                  Net profit  EBIT  EBITDA  Revenue
 Average          317         488   1,067   2,971
 Median           316         488   1,065   2,967
 Lowest           306         464   1,059   2,916
 Highest          337         509   1,080   3,008
 No. of  f'casts  11          11    11      11
 Q1 2020          182         462   1,027   2,849
 Q4 2020          325         524   1,126   3,248
 Forecasts provided by: Pekao IB, Santander BM, Wood&Co, Ipopema
Securities, Erste Securities, Haitong IB, DM BOS, DM PKO BP,
Barclays, Trigon DM, DM mBank.
($1 = 3.8147 zlotys)

 (Reporting by Anna Koper; Editing by Alexander Smith)
 ((anna.koper@thomsonreuters.com; +48 22 104 25 24; Reuters
Messaging: anna.koper.reuters.com@thomsonreuters.com))