Announcement.

DM PKO BP increased the Eurocash recommendation to "hold"

The report was prepared at a rate of PLN 33.42. "After the disappointing results of 2016, we expect a reversal of negative trends and a year-on-year improvement in 2017. Retail consolidation will improve the gross margin on sales, and the integration of EKO and Delikatesy Centrum will translate into cost synergies, and the maximum costs for the fresh project and new projects will fall in 2017 and will charge EBITDA at the level of PLN 52 million, "the report said.

Source: company website, investor relations, current and periodic reports.

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Company information
Company name:Eurocash SA
ISIN:PLEURCH00011
NIP:779-19-06-082
Adress: ul. Wiśniowa 11 62-052 Komorniki
Phone:+48 61 6513300
website:www.eurocash.com.pl

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