Kety, Netia, PGE Shares May Move: Central Europe Stock Preview
The following is a list of companies whose shares may have unusual price changes in central European markets. Stock symbols are in parentheses after company names. Share prices are from the last close.
Grupa Kety SA (KTY) : Poland’s biggest aluminum products maker foresees fourth-quarter net income of 22 million zloty ($6.5 million) and sales of 385 million zloty, it said in a regulatory statement late yesterday. Kety rose 2.3 percent to 100 zloty.
Netia SA (NET) : Poland’s second-largest fixed-line phone company forecasts sales growth of less than 10 percent and investments amounting to 15 percent of revenue in 2012, Chief Executive Officer Miroslaw Godlewski told Parkiet today. Netia rose 3.1 percent to 5.26 zloty.
Polska Grupa Energetyczna SA (PGE) : Poland’s largest utility settled a dispute with power equipment maker Alstom SA over compensation for a delay in construction of an 858-megawatt unit in Belchatow, the Polish company said in an e-mail late yesterday. PGE fell 1.2 percent to 20.7 zloty.
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