Locked content Dino Q4 profit up by 92%

WSE-listed retailer Dino increased its Q4 net profit by 92 percent y/y to PLN 72.9 million, the company said in a market filing. Revenues amounted to PLN 1.27 billion, up 38.9 percent y/y, while operating profit stood at PLN 102.4 million, a 56 percent y/y increase. Like-for-like sales increased by ...

Locked content Dino increases network to 775 stores in 2017

WSE-listed retailer Dino opened 147 new stores last year, compared to 123 in 2016. In Q4 alone the chain was enlarged by 57 new outlets, which outs the total chain count at 775 locations and 295k sqm retail space. “We are growing faster than the market. In addition, the macroeconomic environment is ...

Locked content Dino Q3 profit up by 22.3%

WSE-listed retailer Dino increased its Q3 net profit by 22.3 percent y/y to PLN 63.54 million, the company said in a market filing. Revenues amounted to PLN 1.22 billion, up 33.1 percent y/y, while operating profit stood at PLN 86.4 million, a 45.5 percent y/y increase. Like-for-like sales increased...

Locked content Dino to issue PLN 100 mln worth of bonds

WSE-listed retailer Dino will issue three-year bonds worth up to PLN 100 million, the company said in a market filing. Bonds interest will be based on 3M WIBOR plus a fixed margin of 1 with the redemption date set for October 13, 2020. Bonds will be secured by guarantees from selected companies of t...

Locked content Dino with 500 mln bond program

WSE-listed retail chain Dino will launch a PLN 500 million secured bonds program, the company said in a market filing. “The purpose of the program is to diversify sources of funding and optimize the company’s operating costs. The program does not affect the company’s current assumptions ...

Locked content Dino hopes to increase sales by ‘double digits’ – CEO

WSE-listed retailer Dino hopes to increase its LfL sales. “A double-digit increase in LfL sales this year is not threatened in our view,” company’s CEO Szymon Piduch said. Dino had a 14.7 percent increase in sales in H1. “We maintain a high sales growth rate. I think the whole market, considering Lf...

Locked content Dino Q2 profit up by 23.2%

WSE-listed retailer Dino increased its Q2 net profit by 23.2 percent y/y to PLN 46.69 million, the company said in a market filing. Revenues amounted to PLN 1.1 billion, up 34.1 percent y/y, while operating profit stood at PLN 68.05 million, a 31 percent y/y increase. Like-for-like sales increased b...

Locked content Dino Q1 net profit grows 30% y/y

WSE-listed retailer Dino increased its first quarter net profit by 30 percent to PLN 30.5 million, the company said in a market filing. Revenues amounted to PLN 910.3 million, up 28.7 percent y/y, while operating profit stood at PLN 46.3 million, a 20.1 percent y/y increase. Like-for-like sales incr...

Locked content Dino with PLN 151.2 mln attrib. net profit in 2016

WSE-listed retail chain Dino posted PLN 151.2 million attributable net profit in 2016, up by 23.8 percent from PLN 122.2 million in 2015, the company posted in its annual report. Sales revenues amounted to PLN 3.37 billion last year, up 30.1 percent from PLN 2.6 billion in 2015, while LfL sales grew...

Locked content Dino reduction rate in retail tranche reaches 75%

WSE-bound retail grocer Dino has allotted all 48.04 million shares in the IPO, with reduction rate in the retail tranche reaching 75 percent, the company said in a market filing. Dino sold 45.46 million shares at PLN 34.5 apiece to institutional investors and 2.4 million shares at PLN 33.5 to retail...