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Polimex Mostostal SA (PXMP.WA)

PXMP.WA on Warsaw Stock Exchange

4.99PLN
22 Feb 2018
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Latest Key Developments (Source: Significant Developments)

Polimex Mostostal Reduces Costs Of Project Kozienice By 42.3 Mln Zlotys
Wednesday, 21 Feb 2018 09:04am EST 

Feb 21 (Reuters) - POLIMEX MOSTOSTAL SA ::RESOLVES TO REDUCE COSTS OF PROJECT KOZIENICE BY 42.3 MILLION ZLOTYS.COSTS REDUCTION TO AFFECT POSITIVELY CO'S FY 2017 NET RESULT BY THE SAME AMOUNT.  Full Article

Polimex Mostostal Reaches Settlement With Europa Centralna
Friday, 29 Dec 2017 09:06am EST 

Dec 29 (Reuters) - POLIMEX MOSTOSTAL ::REACHES A SETTLEMENT WITH EUROPA CENTRALNA SP. Z O.O. (EUROPA CENTRALNA) REGARDING A CONTRACT FROM NOV. 10, 2011, FOR CONSTRUCTION WORKS IN GLIWICE.UNDER THE SETTLEMENT AGREEMENT, EUROPA CENTRALNA WILL PAY POLIMEX MOSTOSTAL EUR 3 MILLION AND IT WILL KEEP 25.9 MILLION ZLOTYS RECEIVED FROM BANK BGZ FROM THE CONTRACT PERFORMANCE BANK GUARANTEE.  Full Article

Polimex – Mostostal Q3 net result turns to loss of 3.6 million zlotys
Monday, 13 Nov 2017 01:38am EST 

Nov 13 (Reuters) - POLIMEX – MOSTOSTAL :Q3 NET LOSS 3.6 MILLION ZLOTYS VERSUS PROFIT OF 6.8 MILLION ZLOTYS YEAR AGO.Q3 REVENUE 537.7 MILLION ZLOTYS VERSUS 769.1 MILLION ZLOTYS YEAR AGO.Q3 OPERATING PROFIT 3.8 MILLION ZLOTYS VERSUS 19.0 MILLION ZLOTYS YEAR AGO.  Full Article

Polimex H1 net result swings to profit 34.7 million zlotys
Monday, 28 Aug 2017 01:49am EDT 

Aug 28 (Reuters) - POLIMEX :H1 NET PROFIT 34.7 MILLION ZLOTYS VERSUS LOSS OF 52.7 MILLION ZLOTYS YEAR AGO.H1 REVENUE 1.13 BILLION ZLOTYS VERSUS 1.27 BILLION ZLOTYS YEAR AGO.H1 OPERATING PROFIT 62.5 MILLION ZLOTYS VERSUS LOSS OF 43.4 MILLION ZLOTYS YEAR AGO.  Full Article

Prochem signs 7.8 mln zloty gross deal with Polimex Mostostal
Tuesday, 22 Aug 2017 08:22am EDT 

Aug 22 (Reuters) - PROCHEM SA ::SIGNS 7.8 MILLION ZLOTY GROSS DEAL WITH POLIMEX MOSTOSTAL <<>> FOR 3D PROJECT DOCUMENTATION AND OTHER ENGINEERING SERVICES.  Full Article

Polimex signs in consortium 112.0 mln euro deal with PGNIG Termika
Thursday, 29 Jun 2017 09:00am EDT 

June 29 (Reuters) - POLIMEX ::SIGNS IN CONSORTIUM 112.0 MILLION EURO DEAL WITH PGNIG TERMIKA FOR DELIVERY AND INSTALLATION OF GAS-STEAM UNIT AT ZERAN POWER PLANT IN WARSAW.  Full Article

Polimex-Mostostal plans to focus on energy, industrial construction
Friday, 19 May 2017 04:35am EDT 

May 19 (Reuters) - POLIMEX-MOSTOSTAL ::SAID ON THURSDAY THAT UNDER ITS DEVELOPMENT PLAN FOR 2017-2023, IT WANTS TO FOCUS ON ENERGY, INDUSTRIAL CONSTRUCTION, KEROSENE, GAS AND CHEMISTRY AREAS.THE COMPANY PLANS TO MAINTAIN ITS POSITION ON THE CONVENTIONAL ENERGY MARKET AND GROW ON THE HEAT MARKET DUE TO THE PLANNED INVESTMENTS IN KEROSENE, GAS AND CHEMICAL SECTORS .THE COMPANY PLANS TO STRENGTHEN ITS COMPETENCES AND UNDERTAKE HIGH MARGIN PROJECTS.A STRATEGIC GOAL IN THE AREA OF PRODUCTION AMONG OTHERS IS TO INCREASE SALES OF HIGH MARGIN STEEL CONSTRUCTIONS AND REVENUE FROM SALES OF GRATINGS.THE COMPANY SEES MARKET POTENTIAL OVER 2017-2023 IN CONVENTIONAL ENERGY AT ABOUT 41 BILLION ZLOTYS AND ABOUT 51 BILLION ZLOTYS IN DISTRIBUTION AND ENERGY TRANSFER .WHEN IT COMES TO SUBSEGMENTS, THE COMPANY SEES MARKET POTENTIAL OVER 2017-2023 AT ABOUT 29-31 BILLION ZLOTYS IN THE OIL SECTOR, ABOUT 24 BILLION ZLOTYS IN GAS SECTOR AND ABOUT 11 BILLION ZLOTYS IN CHEMICAL SECTOR.  Full Article

Iwona Warsewicz resigns from post of chairman of supervisory board of Polimex
Friday, 12 May 2017 07:40am EDT 

May 12 (Reuters) - POLIMEX MOSTOSTAL SA ::IWONA WARSEWICZ RESIGNS FROM CHAIRMAN SUPERVISORY BOARD POST.  Full Article

Polimex Mostostal Q1 net profit down at 16.3 mln zlotys
Monday, 8 May 2017 01:42am EDT 

May 8 (Reuters) - POLIMEX MOSTOSTAL SA ::Q1 REVENUE 544.6 MILLION ZLOTYS VERSUS 642.0 MILLION ZLOTYS YEAR AGO.Q1 NET PROFIT 16.3 MILLION ZLOTYS VERSUS 26.3 MILLION ZLOTYS YEAR AGO.Q1 OPERATING PROFIT 26.8 MILLION ZLOTYS VERSUS 37.6 MILLION ZLOTYS YEAR AGO.  Full Article

Price in tender offer for Polimex shares below fair value - management
Monday, 10 Apr 2017 02:58am EDT 

Polimex-Mostostal SA : Its management said on Friday that the price of 4.91 zloty ($1.23) per share in the tender for 0.07 pct of Polimex shares differs from the current fair value of the company . On Friday Polimex shares closed at 8.19 zloty per share .PGE SA , Enea , Energa and PGNiG unit announced the tender on March 21 [nL5N1GY3BW].  Full Article

Three groups offer to build Polish coal-fired power plant

WARSAW Three construction groups have submitted offers to build a 1,000-megawatt coal-fired unit at Poland's Ostroleka power plant for state-run utilities Energa and Enea, Energa said in a statement on Thursday.