The Warsaw Voice » Business » News - May 7, 2018
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Experts on Eurocash
Listed FMCG trader Eurocash might see its shares rebound within the next 9 months, particularly in H2 2018, DM mBank brokerage analyst Piotr Bogusz tells the daily Parkiet, pointing to the low base from 2017 results, expected positive impact of renegotiated trading conditions and completion of transformation of Eko brand stores.
Long-term, Eurocash is likely to benefit from becoming a retail network, but costs of the transformation will shadow the benefits short-term, Haitong Bank analysts believe.