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Kruk SA (KRU.WA)

KRU.WA on Warsaw Stock Exchange

180.30PLN
18 Jan 2019
Change (% chg)

-1.90zł (-1.04%)
Prev Close
182.20zł
Open
182.20zł
Day's High
183.90zł
Day's Low
178.80zł
Volume
42,962
Avg. Vol
53,744
52-wk High
262.20zł
52-wk Low
153.00zł

Latest Key Developments (Source: Significant Developments)

Kruk Q4 Recoveries From Managed Debt Portfolios, Up 15% YOY
Thursday, 10 Jan 2019 

Jan 10 (Reuters) - KRUK SA ::IN FY 2018 RECOVERED 1.58 BILLION ZLOTYS FROM MANAGED DEBT PORTFOLIOS, UP 15% YOY.IN Q4 RECOVERED 432 MILLION ZLOTYS FROM MANAGED DEBT PORTFOLIOS, UP 15% YOY.IN Q4 SPENT 341 MILLION ZLOTYS ON NEW DEBT PORTFOLIOS, UP 65% YOY, ON THE LIABILITIES OF THE NOMINAL VALUE OF 2.61 BLN ZLOTYS.IN FY SPENT 1.40 BLN ON NEW DEBT PORTFOLIOS, UP 43% YOY, ON THE LIABILITIES OF THE NOMINAL VALUE OF 8.85 BLN ZLOTYS.  Full Article

Kruk's Unit To Buy Liabilities Of Total Nominal Value Of c.EUR 246 Mln
Friday, 14 Dec 2018 

Dec 14 (Reuters) - KRUK SA ::ITS UNIT, INVESTCAPITAL LTD., SIGNS AN AGREEMENT TO ACQUIRE LIABILITIES OF TOTAL NOMINAL VALUE OF ABOUT EUR 246 MILLION FROM BANKIA SA <<>> AND BFA TENEDORA DE ACCIONES S.A.U..  Full Article

Kruk Unit Signs LoI To Buy Debt Portfolio Of Nominal Value Of c. EUR 247 Mln
Friday, 16 Nov 2018 

Nov 19 (Reuters) - KRUK SA ::SAID ON FRIDAY THAT ITS MALTA-BASED UNIT, INVESTCAPITAL LTD., HAS SIGNED A LETTER OF INTENT (LOI) TO BUY DEBT PORTFOLIO OF NOMINAL VALUE OF ABOUT EUR 247 MLN.  Full Article

Kruk To Issue Bonds Of No More Than 30 Mln Zlotys
Wednesday, 7 Nov 2018 

Nov 7 (Reuters) - KRUK SA ::TO ISSUE NO MORE THAN 300,000 UNSECURED AG1 BONDS WITH TOTAL NOMINAL VALUE OF NO MORE THAN 30 MILLION ZLOTYS.ISSUE IS WITHIN BONDS ISSUE PROGRAM CO LAUNCHED IN 2017 nFWN1O70EF.  Full Article

Kruk Q3 Net Profit Up At 89.9 Mln Zlotys
Sunday, 28 Oct 2018 

Oct 29 (Reuters) - KRUK SA ::REPORTED ON SUNDAY Q3 NET PROFIT OF 89.9 MLN ZLOTYS VS 74.3 MLN ZLOTYS YEAR AGO.Q3 OPERATING REVENUE 290.5 MLN ZLOTYS VS 260.6 MLN ZLOTYS .Q3 OPERATING PROFIT 126.7 MLN ZLOTYS VS 107.8 MLN ZLOTYS .IN Q1-Q3 CO RECOVERED 1.14 BLN ZLOTYS FROM MANAGED PORTFOLIOS, UP 15 PCT YEAR ON YEAR .  Full Article

Kruk Plans To Raise Up To 35 Mln Zlotys Through Bond Issue
Tuesday, 9 Oct 2018 

Oct 10 (Reuters) - KRUK SA ::SAID ON TUESDAY IT HAS RESOLVED TO ISSUE NO MORE THAN 35,000 5-YR SERIES AE3 BONDS AT THE ISSUE PRICE OF 1,000 ZLOTYS EACH.THE BONDS WILL BE OFFERED VIA A PRIVATE SUBSCRIPTION BY THE END OF 2018.  Full Article

Kruk Q3 Recoveries From Debt Portfolios UP 10% YoY
Tuesday, 9 Oct 2018 

Oct 10 (Reuters) - KRUK SA ::SAID ON TUESDAY THAT IN Q3 IT RECOVERED 381 MILLION ZLOTYS FROM MANAGED DEBT PORTFOLIOS VERSUS 347 MILLION ZLOTYS YEAR AGO.IT SPENT 647 MILLION ZLOTYS ON NEW DEBT PORTFOLIOS IN Q3 VERSUS 261 MILLION ZLOTYS YEAR AGO.THE NOMINAL VALUE OF ACQUIRED LIABILITIES IN Q3 AT 3.74 BILLION ZLOTYS, UP 42 PERCENT YEAR ON YEAR.  Full Article

Kruk Unit Chosen As Preferred Buyer Of Debt Portfolio Of Nominal Value Of EUR 230 Mln
Friday, 13 Jul 2018 

July 13 (Reuters) - Kruk SA ::ITS UNIT IS CHOSEN AS PREFERRED BUYER OF DEBT PORTFOLIO OF NOMINAL VALUE OF ABOUT EUR 230 MILLION ON SPANISH MARKET.  Full Article

Kruk To Consider Strategic Options Regarding Its Long-Term Goal
Monday, 9 Jul 2018 

July 9 (Reuters) - KRUK SA ::RESOLVES TO CONSIDER STRATEGIC OPTIONS REGARDING LONG-TERM GOAL OF CO.AT PRESENT VARIOUS STRATEGIC OPTIONS TO BE CONSIDERED BY THE COMPANY'S MANAGEMENT, IT ALSO PLANS TO HIRE FINANCIAL ADVISOR.THE COMPANY'S LONG-TERM GOAL IS TO CREATE A LEADING EUROPEAN FIRM MANAGING LIABILITIES WHICH WILL HOLD KEY POSITION IN WESTERN EUROPE AND OTHER MARKETS, THROUGH ORGANIC GROWTH AND ACQUISITIONS.SAYS THE STRATEGIC OPTIONS MIGHT INCLUDE FINDING AN INTERNATIONAL FINANCIAL PARTNER OR "UNDERTAKING A TRANSACTION OF A DIFFERENT STRUCTURE".  Full Article

Kruk's Recoveries From Debt Portfolios In Q2 Up 19 Pct YoY
Monday, 9 Jul 2018 

July 9 (Reuters) - KRUK SA ::IN Q2 SPENT 282 MILLION ZLOTYS ON NEW DEBT PORTFOLIOS VERSUS 292 MILLION ZLOTYS YEAR AGO.IN Q2 RECOVERED 401 MILLION ZLOTYS FROM MANAGED DEBT PORTFOLIOS VERSUS 338 MILLION ZLOTYS YEAR AGO.THE NOMINAL VALUE OF ACQUIRED LIABILITIES IN Q2 AT 1.87 BILLION ZLOTYS, DOWN 47 PERCENT YEAR ON YEAR .  Full Article

KRUK eyes more Italian bad loans after Findomestic deal

MILAN, Sept 18 Poland's KRUK Group is studying further investments in Italian soured loans, a senior executive at the Italian arm of the debt recovery firm said after it agreed to buy a 300 million euro ($350 million) portfolio.