InterCapital
InterCapital

InterCapital

Coverage: Croatia
InterCapital is one of the leading financial services groups in South-Eastern Europe, offering full-service, sophisticated and tailor-made financial solutions to the region’s most significant corporations, institutional, and individual investors.
Location: Zagreb

Analysts

Latest from InterCapital

Atlantic Grupa: Lean and fit to withstand challenging times

We update our coverage of Atlantic Grupa with a HOLD recommendation and a share price target of HRK 1,630.00 or HRK 408.00 after a share split that is expected to be confirmed on its GSM to take place on 15 June. Management continued to direct their ...
InterCapital Tea
Tea Pevec @ InterCapital 1 June 2022

AD Plastik Group: Profitability margins on a downtrend

In Q1 AD Plastik Group recorded a drop in sales revenue of 24% YoY. This is the result of the stoppage of production in Russia, as car manufacturers in that market have stopped their production activities because of the Russian invasion of Ukraine an...
InterCapital Tea
Tea Pevec @ InterCapital 3 May 2022

Končar Group: Yet Another Strong Start of the Year

Končar Group showed another strong quarter, with Q1 sales increasing by as much as 28% YoY, reaching HRK 884m. Sales of goods and services, HEP related, noted an increase of 40% YoY. In Q1, we have seen a strong increase in operations concluded in th...
InterCapital Tea
Tea Pevec @ InterCapital 3 May 2022

Adris Group: Fishing for a Good Summer Season

In Q1 2022, Adris’ sales amounted to HRK 1.1bn, an increase of 16% YoY. Croatian insurance sector grew by 8% in Q1 2022, and Croatia osiguranje increased its GWPs by 14% YoY, on the back of increases in both the life and non-life insurance segments. ...
InterCapital Tea
Tea Pevec @ InterCapital 3 May 2022

Hrvatski Telekom: Solid Store of Value in Volatile Times

In Q1 2022, organic revenue was down -0.7% YoY to HRK 1.7bn, driven by the lower system solutions and fixed non-service revenue, offset by higher mobile service, mobile non-service, and fixed service revenue. Organic results mean that Optima Telekom’...
InterCapital Tea
Tea Pevec @ InterCapital 3 May 2022

Arena Hospitality Group: Gearing Towards a Strong Summer Season

Q1 2022 marked a period of gradual improvement in demand compared to the same period last year, as the travel restrictions across Europe were eased. The performance across all three regions (Croatia, Germany, and CEE region) recorded an improvement, ...
InterCapital Tea
Tea Pevec @ InterCapital 3 May 2022