Edition:
United Kingdom

Orbis SA (ORBP.WA)

ORBP.WA on Warsaw Stock Exchange

102.50PLN
4:00pm BST
Change (% chg)

0.50zł (+0.49%)
Prev Close
102.00zł
Open
102.50zł
Day's High
102.50zł
Day's Low
101.50zł
Volume
337
Avg. Vol
809
52-wk High
108.50zł
52-wk Low
60.80zł

Latest Key Developments (Source: Significant Developments)

Accor Announces Material Progress In The Divestment Process Of Orbis
Wednesday, 12 Jun 2019 

June 12 (Reuters) - Accor SA ::ANNOUNCES MATERIAL PROGRESS IN THE DIVESTMENT PROCESS OF ORBIS <<>>.ACCOR AGREED KEY TERMS OF TAKING OVER ORBIS' HOTEL SERVICES BUSINESS FOR 286 MILLION EUROS.BEGINS DISPOSAL OF ITS REAL ESTATE OPERATIONS, WHOSE GROSS ASSET VALUE TOTALED 1.18 BILLION EUROS AT END-2018.THE GROUP WILL ISSUE PRO FORMA FINANCIAL STATEMENTS FOR 2018 SHORTLY TO REFLECT THESE ADJUSTMENTS.  Full Article

Orbis Signs Non-Binding Agreement With Accor For Sale Of Its Service Activity
Wednesday, 12 Jun 2019 

June 12 (Reuters) - Orbis SA ::SAYS SIGNS NON-BINDING AGREEMENT WITH ACCOR FOR SALE OF ITS HOTEL SERVICE ACTIVITY FOR 1.22 BILLION ZLOTYS.SAYS TRANSACTION IS TO BE IMPLEMENTED IN FIRST HALF OF OCTOBER.SAYS PORTFOLIO OF ALL HOTELS OWNED OR LEASED BY ORBIS OR ITS SUBSIDIARIES WAS EVALUATED AT ABOUT 1.13 BILLION EUROS GROSS.SAYS ITS NON-HOTEL REAL ESTATE WAS EVALUATED AT ABOUT 50 MILLION EUROS.  Full Article

Orbis Resolves On Potential Divestiture Of Asset Light
Wednesday, 29 May 2019 

May 29 (Reuters) - Orbis SA ::SAYS MANAGEMENT RESOLVES ON POTENTIAL DIVESTITURE OF ASSET LIGHT ACTIVITY AND START OF EXCLUSIVE TALKS WITH GRUPA ACCOR IN SAID AREA.ACCOR TO MANAGE HOTELS THAT CO OWNS OR LEASES.CO TO FOCUS ITS STRATEGIC OPERATIONAL ACTIVITY ON REAL ESTATE SECTOR.  Full Article

Orbis Management Recommends To Retain 2018 Net Profit
Friday, 17 May 2019 

May 17 (Reuters) - Orbis SA ::SAYS MANAGEMENT BOARD RECOMMENDS TO RETAIN 2018 NET PROFIT.  Full Article

Orbis Resolves To Divide Its Activity Into Asset Light And Asset Heavy
Friday, 17 May 2019 

May 17 (Reuters) - Orbis SA ::RESOLVES TO DIVIDE GROUP'S ACTIVITY INTO SERVICE PART AND HOTEL OWNERSHIP.SAYS IS TO DEMERGE ALL ASSETS RELATED TO SERVICE ACTIVITY.SAYS PLANS TO FOCUS ITS ACTIVITY ON HOTEL REAL ESTATE.  Full Article

Orbis To Sell Hotel And Real Estate For Total Price 11 Mln Zlotys
Thursday, 28 Feb 2019 

Feb 28 (Reuters) - Orbis SA ::SAYS TO SELL IBIS BUDGET TORUŃ HOTEL TO CUBE FOR 6.5 MILLION ZLOTYS NET.SAYS ALSO TO SELL REAL ESTATE FOR 4.5 MILLION ZLOTYS NET.  Full Article

Orbis FY Net Profit Up At 363.2 Million Zlotys
Thursday, 21 Feb 2019 

Feb 21 (Reuters) - Orbis SA ::FY NET PROFIT 363.2 MILLION ZLOTYS VERSUS 232.4 MILLION ZLOTYS YEAR AGO.FY NET SALES 1.44 BILLION ZLOTYS VERSUS 1.46 BILLION ZLOTYS YEAR AGO.FY OPERATING EBITDA 479.3 MILLION ZLOTYS VERSUS 468.3 MILLION ZLOTYS YEAR AGO.FY 2018 LFL REVPAR 190.6 ZLOTYS, UP 3.8% Y/Y.  Full Article

Aviva OFE Divests Its 9.91% Stake In Orbis
Wednesday, 30 Jan 2019 

Jan 30 (Reuters) - Orbis SA ::SAYS AVIVA OFE DIVESTED ITS 9.91% STAKE IN COMPANY.  Full Article

Metlife OFE Divests Its 5.37 Pct Stake In Orbis
Tuesday, 29 Jan 2019 

Jan 29 (Reuters) - Orbis SA ::SAYS METLIFE OFE DIVESTS ITS ENTIRE 5.37% STAKE IN COMPANY.  Full Article

Accor Increases Its Stake In Orbis To About 85.84 Pct
Monday, 28 Jan 2019 

Jan 28 (Reuters) - Orbis Sa ::SAYS ACCOR INCREASES ITS DIRECT AND INDIRECT STAKE IN COMPANY TO ABOUT 85.84% FROM ABOUT 52.69%.  Full Article

BRIEF-Orbis Sees Group's 2019 EBITDA At 520 - 550 Mln Zlotys

* SAID ON MONDAY THAT IT SEES GROUP'S 2019 EBITDA AT 520 - 550 MILLION ZLOTYS