18/03/2019
KRUK bets on Wonga’s Team in Poland
KRUK has signed a letter of intent to acquire all shares in wonga.pl sp. z.o.o., a company operating on the online loan market in Poland. A final share purchase agreement and regulatory clearance will be needed to close the transaction....
07/03/2019
KRUK's net profit rose by 12% in 2018
KRUK S.A. published FY 2018 results:
In 2018, the KRUK Group reported net profit of PLN 330m, which represents an increase of 12% on 2017 and the Group’s best result on record. In Q4 2018, net profit was PLN 51m.
Recoveries from...
10/01/2019
KRUK sets two new records
KRUK concludes 2018 with investments in new portfolios at PLN 1.39bn (+43% yoy) and PLN 1.58bn of cash recoveries (+15% yoy) – both the highest numbers in KRUK’s history. Nominal value of all portfolios purchased in 2018 equals PLN...
04/12/2018
KRUK opts for the Polish stock exchange
The Management Board of KRUK decided to conclude the revision of the strategic option in which KRUK took into consideration two parallel scenarios: (1) to remain as a public company and to continue working for current shareholders, (2) to obtain...
28/10/2018
KRUK steps up investments in Q3
KRUK S.A. has published its financial results for the first three quarters of 2018:
Net profit for Q1−Q3 2018 reached PLN 279m, representing 95% of the full-year figure reported for 2017, with net profit margin at 31%. In Q3 alone net...
26/04/2018
KRUK in Q1 2018: Growth based on solid foundations
KRUK has published its Q1 2018 results:
The KRUK Group earned PLN 90.7m in net profit, one of the best results on record. The figure represents 31% of the net profit posted for the full year 2017.
Recoveries from purchased debt portfolios...
16/04/2018
KRUK with approved prospectus for public bond issues
Polish Financial Supervision Authority (KNF) approved prospectus of the 5th Public Bond Issue Program. On the basis of the prospectus KRUK will be allowed to issue bonds within one year from the date of approval. The nominal value of the whole...
10/04/2018
KRUK increases investments in Poland
In the first quarter of 2018, KRUK invested over PLN 125m, of which two-thirds were bought in Poland, in new debt portfolios with a total nominal value of PLN 600m. The number does not include portfolios purchased at two debt auctions in Poland won...
