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Grupa Lotos SA (LTSP.WA)

LTSP.WA on Warsaw Stock Exchange

74.12PLN
3:26pm BST
Change (% chg)

1.30zł (+1.79%)
Prev Close
72.82zł
Open
73.00zł
Day's High
74.56zł
Day's Low
72.60zł
Volume
218,204
Avg. Vol
296,891
52-wk High
76.90zł
52-wk Low
51.58zł

Latest Key Developments (Source: Significant Developments)

Grupa Lotos Q2 Net Profit Jumps to 534.9 Million Zlotys
Thursday, 9 Aug 2018 

Aug 9 (Reuters) - Grupa Lotos SA ::Q2 NET PROFIT 534.9 MILLION ZLOTYS VERSUS 157.4 MILLION ZLOTYS YEAR AGO.Q2 REVENUE AT 7.53 BILLION ZLOTYS VERSUS 5.45 BILLION ZLOTYS YEAR AGO AND IN LINE WITH ITS ESTIMATES nFWN1UL0WS.Q2 OPERATING PROFIT (EBIT) 897.9 MILLION ZLOTYS VERSUS 172.9 MILLION ZLOTYS YEAR AGO.Q2 RESULTS WERE IMPACTED AMONG OTHERS BY HIGHER REFINING MARGIN AND OIL PRICES AND EXCHANGE RATE DIFFERENCES.THE COMPANY ESTIMATED IN JULY ITS Q2 EBIT AND EBITDA AT 0.89 BILLION ZLOTYS AND 1.08 BILLION ZLOTYS RESPECTIVELY.  Full Article

Grupa Lotos Prelim Q2 Revenue At 7.53 Billion Zlotys
Wednesday, 25 Jul 2018 

July 25 (Reuters) - Grupa Lotos SA ::PRELIM Q2 REVENUE AT 7.53 BILLION ZLOTYS.PRELIM Q2 EBIT AT 0.89 BILLION ZLOTYS.PRELIM Q2 EBITDA AT 1.08 BILLION ZLOTYS.  Full Article

Polwax Estimates 2019 Turnover With Grupa Lotos At c.60 Mln Zlotys
Wednesday, 25 Jul 2018 

July 25 (Reuters) - POLWAX SA ::ESTIMATED TURNOVER WITH GRUPA LOTOS IN 2019 AT ABOUT 60 MILLION ZLOTYS NET.ITS OFFER FOR PURCHASE OF PARAFFIN PRODUCTS FROM GRUPA LOTOS FOR 2019 HAS BEEN CHOSEN MOST FAVOURABLE.THE CURRENT LONG-TERM AGREEMENT WILL EXPIRE IN THE END OF 2018.  Full Article

Grupa Lotos Estimates Economic And Financial Effects Of EFRA No Sooner Than In Q2 2019
Friday, 13 Jul 2018 

July 13 (Reuters) - GRUPA LOTOS SA ::MANAGEMENT ESTIMATES FULL PLANNED ECONOMIC AND FINANCIAL EFFECTS OF EFRA PROJECT TO BE REFLECTED NO SOONER THAN IN Q2 2019.SAYS AS AT JUNE 30, 2018 PROGRESS OF THE EFRA PROJECT WAS 95.5 PERCENT.  Full Article

Poland's Lotos says delayed project to hurt results in 2018
Friday, 12 Jan 2018 

Jan 12 (Reuters) - Grupa Lotos SA ::Poland's second largest refining company says a delay in implementing a new EFRA instalation in Gdansk refinery will negatively influence the company, as expected benefits won't be visible in full scope in 2018 consolidated results..Earlier Lotos has said the instalation was to improve its refining margin by $2 per barrel..  Full Article

Poland's Lotos says it expects more shipments of U.S. crude
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Grupa Lotos SA :Poland's state-run refiner Grupa Lotos expects that it will receive more shipments of crude oil from the United States, Lotos Chief Executive Marcin Jastrzebski tells a news conference .Local media have reported that a tanker with nearly 100,000 tonnes of U.S. crude oil has departed from Freeport in Texas and is expected in the Polish port of Gdansk on Nov. 9.The shipment is, according to local media, the first shipment of U.S. crude oil in the region."This is not the only (shipment), there will be more of them," Jastrzebski says.  Full Article

Poland's PGNiG and Lotos sign gas supply deal
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Grupa Lotos SA , PGNiG :State-run gas company PGNiG says has signed a 3-year natural gas supply deal with state-run refiner Grupa Lotos.Says deal may be extended by 2 more years to 2022 and if it is could be worth about 3.1 billion zlotys ($863 million)."The contract signed today is a continuation of the partnership cooperation of strategic Polish firms from the oil and gas sector," Lotos CEO Marcin Jastrzebski says in same statement.PGNiG has been supplying Lotos with natural gas since 2010.  Full Article

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Britain's Tamar takes coking coal complaint to Polish PM

WARSAW/LONDON A British private equity firm has written to the Polish prime minister complaining about the energy minister's refusal to back a project to open a coking coal mine, a move it said would create 2,000 jobs.