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Tag: earnings_report

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AAA Auto triples net profit in the first quarter of 2012

May 21, 2012, 2:18 pm
AAA Auto has reported a significant year-on-year growth in its key results published in its first-quarter earnings report on Monday. As a result of the used car dealer’s rising revenues, the increase... 

Hungary OTP Q1 profit beats expectations

May 16, 2012, 4:48 pm
Hungary’s OTP Bank published its first-quarter after-tax profit which came in nearly 20% above analysts’ consensus estimate, which can be attributed to smaller-than-expected provisioning. But... 

Hungary Egis boosts Q1 net profit 42% yr/yr (3)

May 16, 2012, 10:38 am
(Adds details, charts) The first-quarter results of Hungarian drugs maker Egis were overall better than what the market expected. The company’s operating and net profits overshot the respective... 

Hungary MOL Q1 performance greatly beats expectations (2)

May 15, 2012, 9:18 am
(Adds details, charts) Hungarian oil and gas group MOL reported much stronger figures for the first quarter of 2012 than what the market expected, which can be attributed to a pleasant surprised caused... 

Hungary Egis to report drop in EBIT, rise in net profit in Q1 - Portfolio.hu Poll

May 14, 2012, 12:15 pm
Analysts polled by Portfolio.hu project that net profit of Hungarian drugs maker Egis grew by 20% year-on-year in the first quarter of 2012, while the consensus estimate for the company’s EBIT (earnings... 

Hungary OTP Q1 after-tax profit seen down 11% yr/yr

May 11, 2012, 2:39 pm
OTP, Hungary’s largest bank by assets, is to report a year-on-year rise in total revenues, a jump in operating expenses and massive one-off items in its first-quarter earnings report to be published... 

Hungary Richter sees stagnating group revenues, 20% domestic sales decline in 2012

May 10, 2012, 9:56 am
Hungary’s Richter has maintained its guidance for 2012 after releasing higher-than-expected profit figures for the first quarter on Thursday, thanks to milestones received by Watson and Forest. ... 

Hungary Magyar Telekom revenues rise for the 2nd quarter in a row in Q1

May 10, 2012, 9:26 am
Hungarian telecommunications group Magyar Telekom has overshot revenue and EBITDA expectations, while its operating and net profits in the first quarter of 2012 were below the consensus estimate in a Portfolio.hu... 

Hungary Richter reports major Q1 profit boost on milestones (2)

May 10, 2012, 8:48 am
(Adds details, charts) The first-quarter profit of Richter, Hungary’s leading pharmaceutical producer, came in greatly above market consensus, the company’s Q1 earnings report showed on Thursday.... 

Market forecasts profit decline at Hungary's Richter, Egis in Q1 (2)

May 9, 2012, 1:35 pm
Hungarian drug producers Egis and Richter are expected to report smaller profits for the first quarter of 2012 than their respective Q1 2011 numbers, the consensus estimates of analysts showed in a Portfolio.hu... 

Market sees no turnaround at Hungary's Magyar Telekom, Q1 earnings up ahead

May 7, 2012, 1:13 pm
Hungary’s Magyar Telekom is set to publish its first-quarter earnings report on 10 May. Analysts polled by Portfolio.hu do not expect a turnaround in the group’s key segments. They project... 

Raiffeisen Hungary incurs nearly HUF 100 bn loss in 2011

April 5, 2012, 3:14 pm
2011 was a “very bad" year for the Hungarian unit of Raiffeisen Bank International (RBI), in fact it was worse than what the bank expected, CEO Heinz Wiedner told a press conference in Budapest on... 

BayernLB Hungarian unit MKB books EUR 392 m loss in 2011

March 30, 2012, 2:53 pm
Bayerische Landesbank posted EUR 334 million pre-tax profit and EUR 65 million after-tax profit in 2011. The bank’s results were greatly diminished by a EUR 576 million write-down of the book value... 

Hungary OTP reports mixed Q411 results, posts loss as mortgage scheme bites

March 9, 2012, 4:40 pm
Analysing the quarterly earnings reports of Hungary’s OTP Bank has not been an easy task recently. These flash reports are so full of one-off items as a bingo bus on a Friday evening and the consensus... 

Hungary OTP seen reporting net loss for Q411 on one-offs - Keep your eyes peeled

March 8, 2012, 2:33 pm
OTP Bank, Hungary’s largest lender, is set to publish its Q411 earnings figures on 9 March (tomorrow). The bank’s results are distorted by one-off items: on top of the usual bank tax there... 

ANALYST VIEW - Citi downgrades Hungary's OTP, cuts target price too on earnings revision

March 7, 2012, 8:44 am
Citi has on Wednesday trimmed its target price for Hungary’s OTP Bank to HUF 4,450 from HUF 4,500 previously, driven by its downward revision to earnings. The rating on the stock was also lowered... 

Hungary MOL suffers serious blow by Downstream (2)

February 24, 2012, 8:51 am
(Adds details, charts) Hungary’s oil and gas group MOL has published a not so robust earnings report for the fourth quarter of 2011. As it was expected it was the Downstream segment that put pressure... 

Hungary MOL fails to receive love from Downstream in Q411 - Portfolio.hu Poll

February 23, 2012, 11:40 am
Just like for the world’s major oil companies Downstream was the main drag for Hungary’s MOL in the fourth quarter of 2011. The fuels group will release its Q4 earnings report this Friday (24... 

Magyar Telekom unveils nasty surprise in Macedonia in Q4 2011 (3)

February 23, 2012, 9:27 am
(Adds details, charts) Magyar Telekom, Hungary’s leading telecommunications group majority-owned by Germany’s Deutsche Telekom, has on Thursday reported better revenue and EBITDA figures for... 

Hungary Egis lowers 2012 guidance for domestic and eastern European sales

February 9, 2012, 11:41 am
Management of Hungarian pharmaceutical producer Egis lowered their estimate for 2012 domestic and eastern European sales. The company reported higher-than-expected EBIT for Q4 2012 and a small overshoot... 
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Latest news

11:38 | OECD lowers growth, budget deficit forecasts for Hungary

10:23 | Hungary aid negotiator designate Varga wants achievable conditions in IMF/EU credit deal (2)

09:48 | ANALYST VIEW - ING ups target price, keeps 'Sell' rating for Hungary's Richter

09:16 | Hungary EcoMin to appoint deputy state secretary Nátrán to lead Eximbank - paper

08:00 | Selling companies, in a recessive environment? (x)

16:51 | Hungary to buy 8,000 properties from non-paying FX mortgage borrowers in 2012

16:10 | Government measures exhaust Hungarian unit of KBC, K&H Bank Q1 profit plummets

14:18 | AAA Auto triples net profit in the first quarter of 2012

11:04 | Hungary plans no Eurobond issue before IMF/EU credit deal - ÁKK Dep.CEO

09:19 | Opel expects production boom, headcount increase in Hungary

08:35 | No more new taxes in Hungary - state secretary

16:51 | EBRD revises GDP estimate for Hungary upward, sees mild recession in 2012

16:27 | ANALYST VIEW - Hungary seeks to avoid IMF deal or at least loosen conditions - Citi

15:59 | ANALYST VIEW - Hungary commitment to seal IMF deal remains questionable - RBS

15:23 | "Negative buzz" around Hungary over new taxes

14:41 | Hungary Parliament nods on new telecom tax, Telenor to deflect levy on clients

13:38 | Hungarians will take half of their bank deposits abroad if transaction tax remains unchanged - Patai

13:27 | Hungary Magyar Telekom CEO buys 42,000 company shares

09:27 | Hungary PM wants to suspend party subsidising from state budget in 2013-14

09:01 | Hungary real wages drop 5.2% yr/yr in March (2)

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