🔴 LIVE: The Secrets of ProPicks AI Success Revealed + November’s List FREEWatch Now

BRIEF-Polish Cyfrowy says debt refinancing boosted Q3 profit

Published 2015-11-03, 07:11 a/m
© Reuters.  BRIEF-Polish Cyfrowy says debt refinancing boosted Q3 profit
CPS
-

Nov 3 (Reuters) - Cyfrowy Polsat CPS.WA :
* Poland's largest media group Cyfrowy Polsat CPS.WA said
on Tuesday debt refinancing boosted the group's third-quarter
gross profit by 296 million zlotys ($76.5 million).
* The refinancing also increased the group's income tax in
the third quarter of 2015 by around 56 million zlotys, Cyfrowy
said.
* In September, Cyfrowy signed 12.5 billion zlotys worth of
five-year loan agreements to refinance its debt, expecting to
cut debt costs by about 380 million zlotys a year.
ID:nL5N11S14O
* The group will present its third-quarter results on Nov.
12.

Source text for Eikon: ID:nEM0308367
Further company coverage: CPS.WA
($1 = 3.8685 zlotys)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.