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Grupa Lotos SA (LTSP.WA)

LTSP.WA on Warsaw Stock Exchange

97.30PLN
18 Jan 2019
Change (% chg)

1.74zł (+1.82%)
Prev Close
95.56zł
Open
96.02zł
Day's High
97.92zł
Day's Low
95.72zł
Volume
669,484
Avg. Vol
322,625
52-wk High
97.92zł
52-wk Low
51.58zł

Latest Key Developments (Source: Significant Developments)

Poland's Lotos Signs Contract For At Least 7 Oil Shipments From U.S.
Monday, 7 Jan 2019 

Jan 7 (Reuters) - GRUPA LOTOS ::HAS SIGNED AN AGREEMENT TO RECEIVE AT LEAST SEVEN OIL SHIPMENTS FROM THE UNITED STATES IN 2019, IT SAID IN A STATEMENT ON MONDAY.THE COMPANY DID NOT PROVIDE DETAILS OF THE NEW CONTRACT.AFTER THREE QUARTERS OF 2018, 30 PERCENT OF PROCESSED OIL IN ITS GDANSK REFINERY CAME FROM OTHER DIRECTION THAN THE EAST, IT SAID .  Full Article

Grupa Lotos Updates On EFRA Project Progress
Wednesday, 31 Oct 2018 

Nov 2 (Reuters) - GRUPA LOTOS SA ::SAID ON WEDNESDAY THAT TALKS HAVE BEEN ENDED AND IT RECEIVED A PROPOSED ANNEX TO CONTRACT FOR ENGINEERING, PROCUREMENT AND CONSTRUCTION OF KEY EFRA INSTALLATIONS, SIGNED BETWEEN ITS UNIT, LOTOS ASFALT SP. Z O.O. AND KT-KINETICS TECHNOLOGY S.P.A. .THE PARTIES AGREED ON A NEW READY-FOR-START-UP (RFSU) DATE AND STATED THAT THE DELAYED COKING UNIT (DCU) SHOULD REACH THE RFSU STATUS BY MAY 31, 2019.IT ESTIMATES THAT THE TARGET ECONOMIC AND FINANCIAL EFFECTS OF ALL OF THE EFRA PROJECT FACILITIES WILL BE REFLECTED IN THE CONSOLIDATED Q4 2019 FINANCIAL RESULTS .THE TOTAL BUDGET OF THE PROJECT, ANNOUNCED BY THE COMPANY IN CURRENT REPORT NO. 24/2015, REMAINS UNCHANGED.AS OF SEPT. 30, 2018, PROGRESS OF THE EFRA INVESTMENT PROJECT WAS AT 96.3 PERCENT, THE COMPANY SAID IN ITS Q3 REPORT nFWN1X91AL.  Full Article

Poland's Lotos may increase dividend payouts - CEO
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - Grupa Lotos SA ::POLAND'S LOTOS CHIEF EXECUTIVE MATEUSZ BONCA SAID ON TUESDAY THAT THE GROUP MAY INCREASE DIVIDEND PAYOUTS."WE ARE WORKING ON DIVIDEND POLICY, HIGHER PAYOUTS ARE ALSO POSSIBLE," BONCA TOLD REPORTERS.BONCA ALSO SAID THAT HE EXPECTS LOTOS' REFINING MARGIN TO IMPROVE SLIGHTLY IN OCTOBER COMPARED TO SEPTEMBER.  Full Article

Grupa Lotos Q3 Net Profit Up At 631.6 Mln Zlotys
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - Grupa Lotos SA ::9-MONTH NET PROFIT 1.49 BILLION ZLOTYS VERSUS 1.19 BILLION ZLOTYS YEAR AGO.Q3 NET PROFIT 631.6 MILLION ZLOTYS VERSUS 618.8 MILLION ZLOTYS YEAR AGO.Q3 EBIT 0.87 BILLION ZLOTYS VERSUS PREVIOUSLY ESTIMATED 0.87 BILLION ZLOTYS.Q3 REVENUE 8.34 BILLION ZLOTYS VERSUS PREVIOUSLY ESTIMATED 8.34 BILLION ZLOTYS.Q3 CLEAN EBITDA LIFO 0.89 BLN ZLOTYS VS PREVIOUSLY ESTIMATED 0.89 BLN ZLOTYS.AS OF SEPT. 30 2018 PROGRESS OF THE EFRA IVESTMENT PROJECT WAS AT 96.3 PERCENT.  Full Article

Grupa Lotos Estimated Q3 Ebitda 1.04 Bln Zlotys
Tuesday, 23 Oct 2018 

Oct 24 (Reuters) - GRUPA LOTOS SA ::REPORTED ON TUESDAY ESTIMATED Q3 REVENUE OF 8.34 BLN ZLOTYS.ESTIMATED Q3 EBITDA 1.04 BLN ZLOTYS.ESTIMATED Q3 EBIT 0.87 BLN ZLOTYS.ESTIMATED Q3 NORMALISED LIFO-BASED EBITDA 0.89 BLN ZLOTYS.  Full Article

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

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Poland's PKN notifies Brussels on plan to take over smaller rival Lotos

WARSAW Poland's biggest oil refiner PKN Orlen has notified the European Commission of its plan to take over smaller rival Lotos , PKN said late on Friday.