Synthos chemicals earns EFV upgrade to PLN 0.90, but kept at 'sell' PAP Market Insider - 2008-05-26 Listed chemicals firm Synthos earned a 12-month EFV upgrade to PLN 0.90 on higher expected capacity utilisation, but its recommendation was kept at 'sell' in a report by IDM SA dated May 14.
On the day the recommendation was issued the company traded at PLN 1.06. On Friday it closed at PLN 1.00.
Millennium Ups Synthos Price Target Business Digest - 2008-05-21 Pulsbiznesu Millennium raised the price target on the shares of synthetic rubber producer Synthos to 1.13 Polish zloty ($0.52/0.33 euro) from 1.02 zloty ($0.47/0.30 euro). The broker upheld its "neutral" stance on Synthos's stock. According to the equity house Synthos is likely to maintain the satisfactory financial performance of the first quarter of 2008 due to the continuing growth trends on the rubber and expandable polystyrene (EPS) market. The company is expected also to benefit from the synergy effects of its merger with domestic peer Kaucuk Kralupy. On May 21 Synthos closed trade on the Warsaw bourse at 1.02 zloty, down 0.97 pct.
Synthos posts PLN 486.28 mn of net profit in 2007, up 645.6% y/y Internet Securities Businesswire - 2008-05-16 After audit, the chemical firm Synthos posted PLN 486.28 mn consolidated net profit in 2007 vs. PLN 65.22 mn profit a year earlier, the company said in its annual report.
The groups operating profit was PLN 57.16 mn vs. PLN 91.67 mn profit a year earlier.
Consolidated revenue in this period was PLN 1840.98 mn compared with PLN 1172.24 mn a year earlier.
Synthos posts PLN 54.42 mn of net profit in Q2 2008
