Eurocash Q3 profit below consensus

WSE-listed FMCG retailer had PLN 35.7 million attributable net profit in Q3 2017, 39.1 percent lower y/y, and below the PLN 60.6 million expectations. Group sales were up 7.4 percent y/y to PLN 6.18 billion, mostly due to consolidated sales from acquired companies such as EKO Holding and PDA. Q3 EBITDA dropped by 17.7 percent…

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