The company on: Agora earns more and more cinemas of Helios. Shares in the … – Money.pl

2015-05-11 12:08

[Photo: Maszewski / Reporter]

For four months on Agora’s shares could earn almost 50 percent. On Monday, the company reported relatively good results, because we no longer have to deal with the loss. Definitely the business sector was the segment of “Film and Book”. Within its framework the company operates, among others, leading Helios cinema network.

Listed on the Warsaw Stock Exchange on Monday Agora reported results for the first quarter of 2015 years. The publisher of Gazeta Wyborcza earned in the first three months of the year 1.3 million. This is a significant improvement looking at the result of what the company generated in the same period last year.

Group Financial Results Agora (million zł)
Source: Money .pl, based on the financial report of Agora SA
	the first quarter of 2015	I quarter 2014	Change
Revenue	282.9	254	11.38%
Operating expenses	280.3	263.6	6.34%
Net profit	1.3	-8.9

The Group is also the publisher of the free daily Metro, and also has websites which include portals thematic and advertising.

In the sector of the press reported 1.3 percent a decline. Profit before taxation amounted to only 800 thousand zlotys, or about 87 percent less than last year. In this business segment, the company complains about increase in salaries to employees in connection with the development of the project cyfryzacyjnego and an increase in marketing costs due to increased promotional activity Gazeta Wyborcza and magazines.

In the segment of film and the book result is much better (192 percent). Agora owes him an increase in attendance in the Helios cinemas and an increase in revenues from food and beverages sales. According to the boxoffice.pl on May 1, 2015 years the number of people attending the Helios cinemas increased by 20.9 percent. The company also notes the increase in revenues from the sale of publications, mainly due to the sale of the film gods.

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Since the beginning of the year you could earn on the shares of almost 50 percent.

The Agora also owns AMS company, engaged in advertising. Here, the company managed to generate a profit of 500 thousand, compared with 3.5 million loss the previous month. In the internet segment, profit was PLN 3 million and decreased by 25 percent year on year.

The company also operates in the segment Radio (owner Tok FM Rock Radio and Radio Golden Oldies). The result amounted to only 200 thousand dollars.

This year, Agora hopes to increase the value of advertising expenditure of 2 to 4 percent. In the first quarter, advertisers spent almost 1.7 billion on advertising. In late April, the company opened new Helios cinema in Jelenia Gora.

In response to the results, gained more than 5 percent. The company is in an uptrend since the beginning of the year. At that time, its shares have gained nearly 50 percent.

Recommendations for Agora
Source: Money.pl
Recommendation	Price Target	Release	The issuing body
Buy	14.1	22-04-2015	Espirito Santo
Buy	12.5	04-02-2015	CDM Pekao

The positive outlook, analysts estimate the company. Analysts CDM Pekao and Espirto Santo advocated this year to buy the company’s shares with a target price of 12 to 14 dollars.