Today, Unipetrol’s main subsidiaries should report their 9M2004 CAS results. For our projections and comments, please see the attached pdf file. The results are particularly relevant for those investors who do not want to exercise a post-privatization buy-out option. But since exercising the option would only be aimed at gaining exposure to operational and ownership restructuring of Unipetrol group under management of PKN Orlen, the current quarterly results are of limited importance even to them.
Tomáš Gatěk, Patria Finance