DM BDM increases the target price of Orbis shares to PLN 102.5

On the day the report was published, the Orbis share price amounted to PLN 96. On Monday at 12.25 the Orbis rate is growing by 1.8 percent. up to PLN 100. "We assume that Orbis will benefit from a good situation in the hotel industry in the CEE region this year, which will allow us to introduce further price increases, as well as changes in the structure of Accor and statements of representatives of this entity indicating further construction potential for their values ​​by Orbis "- it was written in the report. DM BDM analysts predict that in 2018 Orbis EBITDA will increase to PLN 478.3 million from PLN 468.3 million earned in 2017. "In the next two years (without taking into account new potential acquisition projects), we see the EBITDA perspective to exceed the PLN 500 million limit" - it was written. The report was first made available to BDM clients on April 13, 2018 (at 10.54). The PAP Biznes message is a shortcut of the report. The attachment contains a PDF file with a report. The author of the report is Maciej Bobrowski.

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

Company information
Company name:Orbis SA
Adress: ul. Bracka 16 00-028 Warszawa
Phone:+48 22 8293939

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