Daily News - 30.04.2018
Published: 30. 04. 2018



LKPG: Luka Koper’s total throughput up by 6% in 2017 reaching 23 million tons of cargo

In 2017, total throughput in the Port of Koper was 23 million tons of cargo, up 6% year-on-year. By month, the highest throughput was reached in May 2017, with 2.3 million tons of cargo.In 2017, container throughput totalled 912 thousand TEU, up 8% from 2016. In July 2017, container throughput rose to its highest monthly level in the history of the port with 80.8 thousand TEU. The throughput of general cargoes reached 987 thousand tons in 2017, up 3% year-on-year. The throughput of cars totalled 741 thousand cars in 2017, down 1% from 2016. Earnings before interest and taxes (EBIT) in 2017 amounted to EUR 37 million, a 26% decrease year-on-year.
Source: STA

Petrol paying out record dividend

The shareholders' meeting of energy company Petrol endorsed the management and supervisory board's proposal to pay out entire EUR 33m in distributable profit in dividends, at a record EUR 16 gross per share.
Source: STA

Group Telekom Slovenije posts EUR 9.7m net profit in Q1

Group Telekom Slovenije generated EUR 183.4m in operating revenue in the first quarter of the year, up 1% from the same period in 2017. Following the calculation of corporate income tax and deferred taxes, the group disclosed a net profit of EUR 9.7m in the first three months, which is comparable with the 2017 results.
Source: STA

Cetis continues to grow

Cetis, a printing company specialised in secure documents, saw revenue rise by 4% in 2017 to EUR 61m. Net profit surged by 210% to EUR 3.9m, the company said on Thursday.
Source: STA

Pharma logistics hub emerging at Brnik

The Slovenian subsidiary of the global logistics company Kuehne + Nagel has acquired a certification for pharmaceutical logistics in Slovenia as a key step for the launch of a EUR 50m logistic complex near Ljubljana airport.
Source: STA

NLB under watch from ratings agencies

After a deferral in the privatisation of Slovenia's largest bank prompted Moody's to place NLB's ratings on review for downgrade, the ratings agency Fitch announced it placed the bank on rating watch evolving, suggesting an upgrade should the risks involving privatisation not materialise.
Source: STA

Households improved finances further in 2017

Slovenian households increased their financial assets at a faster rate than debt last year, which resulted in the surplus of assets rising by EUR 1.1bn from 2016 to EUR 29.2bn, data from the central bank show.
Source: STA


US Stocks Close Mixed on Friday

Wall Street closed mixed on Friday 27 April 2018, after data showed that the US economy expanded 2.3 percent on quarter in Q1, below 2.9 percent in the previous period but beating market expectations of 2.0 percent. The Dow Jones edged down 13 points or 0.1% to 24310. In contrast, the S&P 500 inched up 3 points or 0.1% to 2670, while the Nasdaq stayed practically unchanged.
Source: TA

Week Ahead

This the most important events are the Federal Reserve monetary policy decision and the US jobs report. Other key economic data include: trade balance, ISM PMIs, PCE price index, personal income and spending, ADP employment and factory orders. Elsewhere: UK Markit PMIs and monetary indicators; Eurozone Q1 GDP growth, inflation and unemployment; Japan and China PMIs; and Australia interest rate decision.


NIIS: NIS reported RSD 3.7bn in 1Q18, down 31% y/y

Net profit of NIS (NIIS) in Q1 2018 amounted to RSD 3.7 billion, down 31% y/y, while EBITDA (earnings before interest, taxes, depreciation, and amortization) amounted to RSD 8.9 billion, down 19.8% y/y, on lower production, drop in cured oil price and unfavorable FX rates. In terms of operational indicators, the total volume of oil and gas production amounted to 329 thousand tonnes of oil equivalent. At the same time, NIS continued improving its results in the area of crude oil processing and petroleum product sales. The total crude oil and semi-finished product processing volume amounted to 786 thousand tonnes, which represents an increase of 3% year-on-year. Petroleum product sales volume reached 765 thousand tonnes, up 7% compared to the performance in Q1 2017.
Source: NIS

MTLC: Metalac approved gross RSD 85 per share as a cash dividend

Metalac (MTLC) reported its GA approved gross RSD 85 per share as a cash dividend, with 16th April 2018, as a record date. The approved amount bears 4.1% gross yield. The company also adopted decision on own shares buyback – max 5% of total issued number.
Source: Belex, Ilirika

KMBN: Komercijalna banka to pay out cash dividend?

Komercijalna Banka (KMBN) reported that its GA approved decision profit distribution on 2017 earnings as well as from retained profit. This should suggest that earlier approved but not paid dividend from 2014 profit should be finally paid out. However, we have no such confirmation as details are not revealed, while the entire statement is only in a general form.
Source: Belex, Ilirika

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