May 18, 2012, 1:27 pmMagyar Telekom has announced on Friday that its Chairman-CEO Christopher Mattheisen purchased 41,095 Magyar Telekom shares at a price of HUF 438 per share on 17 May 2012, with the assistance of Raiffeisen...
May 16, 2012, 4:48 pmHungary’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...
May 16, 2012, 3:14 pmHungary’s listed drugs maker Egis maintains its guidance for a 8-10% revenue decline on its domestic market in 2012, but it has lowered its estimate for sales growth both for Russia and the Commonwealth...
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...
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...
May 14, 2012, 12:15 pmAnalysts 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...
May 11, 2012, 4:32 pmAnalysts project a major decline in the first-quarter profit of Hungarian fuels group MOL. They expect to see a decline in all of MOL’s key segments, but we need to note that the base period had...
May 11, 2012, 2:39 pmOTP, 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...
May 10, 2012, 9:56 amHungary’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. ...
May 10, 2012, 9:26 amHungarian 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...
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....
May 9, 2012, 1:35 pmHungarian 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...
May 9, 2012, 10:49 amInvestors remain overly focused on Hungarian macroeconomic developments when it comes to assessing OTP Bank, while half of the country’s largest lender will be delivered by its foreign units next...
May 7, 2012, 1:13 pmHungary’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...
May 4, 2012, 5:22 pmHungary’s government hopes that the fourth, state-owned, mobile carrier will strengthen competition on the local mobile market and thus will drive prices lower, said Prime Minister Viktor Orbán....
May 4, 2012, 11:18 amHungarian oil and gas group MOL is to invest further USD 250 million in Kazakhstan where an oil production project is expected to be launched in 2015. Preparatory works are led by MOL there, said Zsolt...
May 3, 2012, 4:43 pmJust like global market indices the BUX index also went south in April, but Hungarian fund managers remain upbeat about the prospects of the Budapest Stock Exchange (BSE). Moreover, their expectations...
May 3, 2012, 11:00 amTurnover on the Budapest Stock Exchange (BSE) fell considerably in April, just like in the preceding months. The duplicated turnover on the spot market of the BSE totalled HUF 372.5 billion in the fourth...
April 27, 2012, 1:15 pmHungary’s OTP has not given up it plan to grow via acquisitions, said Chairman-CEO Sándor Csányi at the Bank’s annual general meeting on Friday. For the time being, however, management do not...
April 26, 2012, 2:44 pmHungarian oil and gas group MOL is ready to opt out of the Nabucco gas pipeline project if necessary because it has serious concerns over it, MOL Chairman-CEO Zsolt Hernádi told a press conference on Thursday....