On November 16th 2020, the Management Board of KRUK S.A. released Current Report No. 42/2020, in which it announced the acceptance of tenders to sell KRUK shares submitted by the Company’s shareholders in response to the buyback offer, carried...
In Q1–Q3 2020, KRUK generated record-high cash EBITDA, of PLN 915m, up 8% year on year. In Q3 alone, cash EBITDA and net profit reached PLN 324m and PLN 54m, respectively. KRUK more than recouped its YTD loss, delivering net profit of PLN...
On October 29th 2020, the KRUK S.A. Management Board announced that the KRUK Group's preliminary estimated consolidated net profit for Q3 2020 was PLN 54m. On a cumulative basis, for the period from January 1st to September 30th 2020, the figure...
Today KRUK has presented details of its share buyback offer to the shareholders. Tenders submitted in response to the offer will be accepted from October 19th to November 13th 2020. Santander Biuro Maklerskie has been selected at the brokerage house...
Recoveries from the portfolios held by the KRUK Group totalled PLN 1,346m in the first three quarters of 2020, having risen 3% year on year. Total recoveries in the third quarter of 2020 alone amounted to PLN 452m, up 4% year on year and as much as...
On September 25th 2020, KRUK allotted 250,000 Series AK1 ordinary bearer bonds with a total nominal value of PLN 25m. Subscription orders were accepted from September 10th to September 23rd 2020. It was the first issue carried out under the...
On September 7th 2020, KRUK published the Final Terms and Conditions of Series AK1 bonds (the “Bonds”). The Bonds will be distributed via a public offering at an issue price equal to their nominal value of PLN 100 per Bond, with the...
On August 31st 2020, the Annual General Meeting of KRUK S.A. approved the Company’s performance for 2019, and granted discharge from liability to the Management Board and Supervisory Board members. The shareholders also decided that the 2019...
KRUK has published its first-half 2020 report. The Company posted a net profit of PLN 43m for the second quarter of 2020, reducing its first-half loss to PLN -19m. The consensus estimate of the Polish Press Agency, based on estimates provided by six...
The Polish Financial Supervision Authority (PFSA) has approved the prospectus, submitted on April 21st 2020, for the 7th Bond Programme with a total nominal value of all bond series of up to PLN 700m. Under the prospectus, the Company will be able...
