Virtual Polish dividend policy is to be prepared and presented by the end of the year, the company did not rule out the dividend already for 2016 years, provided that there will be no new acquisitions. Start the Virtual Polish television will take place on December 2, expenditures on its launch this year will reach 2.9 million zł. According Presserwisu, talking about cooperation with Wirtualna leading Polish Maciej Orłoś.
“We still need about three months to prepare the dividend policy. I think we will be ready in November, December. We want our policy assumed to allocate part of the funds for the dividend to the shareholders, but also to take into account our needs, development and acquisition plans,” – he said during a press conference the president of the Virtual Polish Jacek Swiderski.
When asked about the possibility of paying a dividend for 2016 years Swiderski replied: “For sure we will have this year a net profit. But the payment of dividends will depend on whether or not there will be interesting deals on the acquisition. We are constantly looking for them,” – he added .
Virtual Poland presented on Wednesday its financial results for the second quarter. They proved to be consistent with the expectations of analysts. The net profit of the Virtual Polish, attributable to equity holders of the parent for the period was 13.4 million zł, as much as the consensus PAP. The operating profit of the company amounted to 22.3 million zł, about 4.5 percent. more than consensus, EBITDA exceeded expectations by 2.4 percent. and amounted to 32.4 million zł. In line with market expectations, revenues virtual Polish amounted in the second quarter of 100.8 million zł.
“The second quarter was for us primarily an organic growth. In contrast to previous quarters, this time made only one acquisition (portal Overnight. En). We focused on the optimal use of our resources and extensive remodeling of the product. We have created a new technology platform , which moved very first products, such as HR woman, or WP Stars, and by the end of the year we plan to move dozens of other “- said Swiderski.
“We finish also work on the launch of our TV, talking with satellite and cable networks, finalizing the purchase of content to the events,” – he added.
Start Virtual Polish television is scheduled for December 2. This year’s investment to launch TV channel CEO of Virtual Polish estimated at 2.9 million zł.
According to the findings, “Presserwisu” talks with Virtual Polish Maciej leads Orłoś, long-running “Teleexpressu” afternoon news program of Polish Television. Orłoś, in an interview with “Presserwis” he stated that he could not comment on that. The journalist has today for the last time to lead “Turbo”.
Swiderski estimates that this year’s advertising market may be more difficult than assumed to media houses at the beginning of 2016 years. They then estimated the year’s growth of 8-10 per cent., But this may be too optimistic assumption. Virtual Poland cites in this regard to estimates that the second quarter growth in the advertising market in Poland reached probably about 7 percent.
“Internet somehow weapons, the growth of this market segment is not threatened, but it will not also as large as might have been expected earlier. in the second quarter of the online advertising market grew by 5 per cent. in the whole 2016 years could reach 5-8 percent. ” – Said Jacek Swiderski.
After the publication of quarterly results, the share price of the Virtual Polish stock market on Wednesday, slightly firmer. About 11.35 per share the company paid 49.20 zł, after an increase of 1 percent. (PAP)
pr / Osh /
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