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18 Jun
12:46

Major Polish distributor delists

Konsorcjum Stali (KS), one of Poland’s top steel distributors, has delisted from the Warsaw Stock Exchange, Kallanish notes. This follows an agreement last year by a group of KS’s shareholders to acquire the remaining shareholding of the distributor after their joint stake exceeded 90%. KS’s consolidated revenue fell -7% on-year in 2019 to PLN 1.69 billion ($426 million) and net profit slumped -62% to PLN 16.5m. According to the latest publishe…
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