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Cyfrowy Polsat SA (CPS.WA)

CPS.WA on Warsaw Stock Exchange

22.96PLN
19 Oct 2018
Change (% chg)

-0.06zł (-0.26%)
Prev Close
23.02zł
Open
22.74zł
Day's High
22.98zł
Day's Low
22.64zł
Volume
212,841
Avg. Vol
553,996
52-wk High
26.60zł
52-wk Low
21.62zł

Latest Key Developments (Source: Significant Developments)

Poland's Cyfrowy Gets UOKiK Green Light On Netia's Takeover
Friday, 11 May 2018 11:04am EDT 

May 11 (Reuters) - CYFROWY POLSAT SA :THE POLISH OFFICE OF COMPETITION AND CONSUMER PROTECTION, UOKIK, AGREES ON THE TAKEOVER OF NETIA <<>> BY CYFROWY POLSAT.IN DECEMBER 2017, CYFROWY POLSAT ANNOUNCED A TENDER OFFER FOR 119.3 MILLION OF NETIA <<>> SHARES FOR 5.77 ZLOTY PER SHARE nFWN1O50HA.THE SUBSCRIPTION PERIOD IS TO END ON MAY 14 nL8N1RM1I2.  Full Article

Cyfrowy Polsat Extends Subscriptions In Tender Offer For Netia Until May 14
Monday, 9 Apr 2018 03:58am EDT 

April 9 (Reuters) - CYFROWY POLSAT SA ::SAYS DECIDED TO EXTEND THE TERM TO PLACE SUBSCRIPTIONS FOR THE SALE OF SHARES IN NETIA SA <<>> UNDER THE TENDER OFFER UNTIL MAY 14.SAYS AS AT APRIL 9 HAS NOT OBTAINED AN UNCONDITIONAL DECISION FROM THE PRESIDENT OF THE OFFICE FOR COMPETITION AND CONSUMER PROTECTION CONSENTING TO THE CONCENTRATION.CYFROWY POLSAT ANNOUNCED TENDER OFFER FOR 119.3 MILLION NETIA SHARES AT 5.77 ZLOTY PER SHARE ON DEC.5 nFWN1O50HA, THE SUBSCRIPTIONS WERE TO BE PLACED UNTIL APRIL 9.  Full Article

Poland's Cyfrowy Polsat says Q4 net profit falls to 167 mln zlotys
Thursday, 22 Mar 2018 01:02am EDT 

WARSAW, March 22 (Reuters) - :POLAND'S CYFROWY POLSAT SAYS Q4 NET PROFIT AT 167 MILLION ZLOTYS ($48.81 MILLION) VERSUS 258 MILLION ZLOTYS SEEN IN REUTERS POLL AND 350 MLN IN Q4 2016.POLAND'S CYFROWY POLSAT SAYS Q4 EBITDA AT 873​ MILLION ZLOTYS VERSUS 870 MILLION ZLOTYS SEEN IN REUTERS POLL.POLAND'S CYFROWY POLSAT SAYS Q4 REVENUE AT ‍​2.579 BILLION ZLOTYS VERSUS 2.557 BILLION ZLOTYS SEEN IN REUTERS POLL.IN MARCH, CYFROWY POLSAT ANNOUNCED THAT ITS CONSOLIDATED NET PROFIT IN THE FOURTH QUARTER WOULD LIKELY BE REDUCED BY A ONE-OFF CHARGE OF 144 MILLION ZLOTYS RELATED TO CHANGES IN TAX LEGISLATION, A DEVELOPMENT ANALYSTS SAID WAS NOT REFLECTED IN THEIR FORECASTS nL5N1QN66M.  Full Article

Cyfrowy Polsat agrees new terms of $3.7 bln financing
Friday, 2 Mar 2018 09:09am EST 

March 2 (Reuters) - Cyfrowy Polsat ::Polish media and telecoms group Cyfrowy Polsat says it has agreed new terms of financing of its debt.Final repayment date of credit worth up to 12.5 billion zlotys ($3.67 billion) granted to Cyfrowy Polsat extended by 2 years until Sept. 30, 2022.Cyfrowy is due to pay back 1.018 billion zlotys each ear in the years 2019-2021 and 6.627 billion in 2022.Cyfrowy reiterates its main target in debt management will be to permanently lower the debt-to-EBITDA ratio (earnings before interest tax, depreciation and amortisation) to below 1.75 .Cyfrowy says its debt has already fallen from 14.3 billion zlotys in the second quarter of 2014 to 11.4 billion in the third quarter of 2017.  Full Article

Cyfrowy Polsat Extends Subscriptions In Tender Offer For Netia Until April 9
Friday, 23 Feb 2018 08:05am EST 

Feb 23 (Reuters) - CYFROWY POLSAT SA ::SAYS DECIDED TO EXTEND THE TERM TO PLACE SUBSCRIPTIONS FOR THE SALE OF SHARES IN NETIA SA <<>> UNDER THE TENDER OFFER UNTIL APRIL 9.SAYS AS AT FEB. 22 HAS NOT OBTAINED AN UNCONDITIONAL DECISION FROM THE PRESIDENT OF THE OFFICE FOR COMPETITION AND CONSUMER PROTECTION CONSENTING TO THE CONCENTRATION .CYFROWY POLSAT ANNOUNCED TENDER OFFER FOR 19.3 MILLION NETIA SHARES AT 5.77 ZLOTY PER SHARE ON DEC.5, THE SUBSCRIPTIONS WERE TO BE PLACED UNTIL MARCH 5 NFWN1O50HA.  Full Article

Cyfrowy Polsat to simplify group structure
Thursday, 7 Dec 2017 02:23am EST 

Dec 7 (Reuters) - Cyfrowy Polsat ::Polish telecoms and media group Cyfrowy Polsat plans to merge with its Swedish subsidiary Eileme 1 AB, the owner of mobile operator Polkomtel, draft motions for Cyfrowy Polsat's shareholder meeting due Jan. 9 show.Cyfrowy Polsat says the merger will simplify cash flows, reduce operating costs of the group and increase its transparency and credibility.  Full Article

Cyfrowy Polsat says does not exclude further increasing stake in Netia - CFO
Tuesday, 5 Dec 2017 07:08am EST 

Dec 5 (Reuters) - Cyfrowy Polsat ::Polish telecoms and media group Cyfrowy Polsat does not exclude increasing its stake in telecoms firm Netia above a currently targeted level of about 66 percent of shares, Cyfrowy's Chief Financial Officer Katarzyna Ostap-Tomann says.Cyfrowy Polsat has announced earlier on Tuesday a tender offer to buy 119,349,971 shares in Netia at 5.77 zlotys for each share of Netia .Cyfrowy said on Monday that two key Netia shareholders - Mennica Polska and fund FIP 11 - agreed to sell their stakes in Netia representing nearly 33 percent of votes to Cyfrowy.  Full Article

Cyfrowy Polsat offers to buy 119.3 mln Netia shares at PLN 5.77/each
Tuesday, 5 Dec 2017 06:34am EST 

Dec 5 (Reuters) - Netia S.A. :Poland's telecoms and media group Cyfrowy Polsat <<>> announces on Tuesday a tender offer to buy 119,349,971 shares in telecoms firm Netia <<>> at 5.77 zlotys for each share of Netia.The tender offer announcement comes after Cyfrowy Polsat said on Monday that two key Netia shareholders - Mennica Polska and fund FIP 11 - agreed to sell their stakes in Netia representing nearly 33 percent of votes.Netia shares rise by 22.6 percent on Tuesday, Cyfrowy Polsat shares up by 4.21 pct .  Full Article

Poland's Cyfrowy Polsat Q3 net profit down at 242.9 mln zlotys, below forecast
Thursday, 9 Nov 2017 12:00am EST 

Nov 9 (Reuters) - CYFROWY POLSAT SA :POLAND'S CYFROWY POLSAT SAYS Q1-Q3 NET PROFIT AT 813.5 ‍​ MILLION ZLOTYS VERSUS 820 MILLION ZLOTYS SEEN IN REUTERS POLL.POLAND'S CYFROWY POLSAT SAYS Q3 NET PROFIT AT 242.9‍​ MILLION ZLOTYS VERSUS 249 MILLION ZLOTYS SEEN IN REUTERS POLL.POLAND'S CYFROWY POLSAT SAYS Q3 EBITDA AT 851.1 ‍​ MILLION ZLOTYS VERSUS 856 MILLION ZLOTYS SEEN IN REUTERS POLL.POLAND'S CYFROWY POLSAT SAYS Q3 REVENUE AT ‍​2.39 BILLION ZLOTYS VERSUS 2.37 BILLION ZLOTYS SEEN IN REUTERS POLL.  Full Article

Cyfrowy Polsat signs long-term contract with Eutelsat for lease of multiple transponders​
Wednesday, 6 Sep 2017 09:31am EDT 

Sept 6 (Reuters) - EUTELSAT ::‍CYFROWY POLSAT GROUP SIGNED A LONG-TERM CONTRACT WITH EUTELSAT COMMUNICATIONS FOR LEASE OF MULTIPLE TRANSPONDERS​.‍AGREEMENT COVERS EXTENSION OF EXISTING CAPACITY AND EXPANSION AT HOTBIRD VIDEO POSITION​.  Full Article

Poland's Cyfrowy agrees to buy controlling stake in Eleven Sports Network Sp.z o.o

WARSAW Polish media and telecoms group Cyfrowy Polsat said late Thursday it agreed to buy a controlling stake in sports content producer and distributor Eleven Sports Network Sp.z o.o. (ESN) for 38 million euros ($44.48 million).