Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

E-Star Alternativ Falls to 2-Week Low on Fourth-Quarter Loss

March 1 (Bloomberg) -- Hungarian energy group E-Star Alternativ Nyrt. fell to the lowest in two weeks after reporting a 3.1 million-euro ($4.1 million) net loss for the fourth quarter of last year.

The shares dropped as much as 6.2 percent and traded 2.8 percent lower at 3,935 forint by the close in Budapest, the lowest since Feb. 17, according to data compiled by Bloomberg.

“The reported results fell short of our expectations,” Peter Szentirmai, a Budapest-based analyst at KBC Groep NV’s broker unit, wrote in a research report.

To contact the reporter on this story: Andras Gergely in Budapest at agergely@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.