Latest comment from financial markets

Indicator Analysis: Inflation remains at 2.8%, lower than expected

10/12/2024 16:18

Czech inflation was unchanged at 2.8% yoy in November. This contrasts with our forecast and the market consensus that had expected an acceleration to 3.0% yoy, while the central bank had expected 2.9% yoy for November.

Autor: Martin Gürtler Show more

Latest comment from the equity market

Comment on financial results: Kofola: Strong growth, net income above estimates, higher dividend outlook

22/11/2024 10:41

As expected, the third quarter was the best-performing in Kofola's history. EBITDA grew +33% yoy to CZK737m on sales of CZK3.4bn (+33% yoy). In addition to strong organic growth supported by good weather, the figures were also boosted by the acquisition of the brewery group. Input prices declined as expected. 3Q24 results beat the net profit consensus by +6.3%. Kofola estimates full-year EBITDA at the high end of the original guidance. In addition, it lowered its leverage target and raised its dividend guidance, with a new expectation of at least CZK13.50.

Autor: Bohumil Trampota Show more