Locked content LPP with PLN 557 mln revenue in August

WSE-listed fashion retailer LPP recorded consolidated revenue of PLN 557 million in August, which marks a 13 percent increase y/y, the company stated. For January-August 2017, revenue amounted to PLN 4.28 billion, a 15 percent increase y/y. Internet sales stood at PLN 18.3 million in August and were...

Locked content LPP confirms Q2 net profit

WSE-listed fashion retailer LPP recorded PLN 173.27 million consolidated net profit in Q2, compared to PLN 89.82 million profit a year earlier, the company reported in the report, confirming earlier estimates. Operating profit amounted to PLN 207.59 million, up by 140 percent y/y. Revenues increased...

Locked content LPP with PLN 173 mln profit in Q2

Clothes retailer LPP recorded net profit of PLN 173 million in Q2 2017, according to the company’s early estimates. Market consensus put the figure at PLN 156.4 million, according to PAP. The group’s consolidated revenue stood at PLN 1.705 billion in Q2, while gross profit from sales amounted to PLN...

Locked content LPP with PLN 651 million revenue in July

WSE-listed fashion retailer LPP recorded consolidated revenue of PLN 651 million in July, which marks a 22 percent increase y/y, the company stated. For January-July 2017, revenue amounted to PLN 3.72 billion, a 16 percent increase y/y. Internet sales stood at PLN 28.2 million in July and was 188 pe...

Locked content LPP expects 52-53% sales growth this year

WSE-listed fashion retailer LPP is committed to meet its 2017 targets. “We maintain a target of achieving 52-53 percent gross margin on sales and retail space growth of 11 percent,” company’s CFO Przemysław Lutkiewicz said. So far this year, the company increased its sales by 16 percent y/y (t...

Locked content LPP suffers PLN 117 mln Q1 net loss

WSE-listed fashion retailer LPP posted a PLN 117 million net loss in Q1 confirming preliminary results, down from PLN 65.5 million the year before. Revenues amounted to PLN 1.36 billion, a 16 percent increase y/y. Lfl sales grew by 4.6 percent, with the best results recorded in Hungary, Ukraine and ...

Locked content LPP with PLN 524 million revenue in April

Fashion retailer LPP recorded consolidated revenue of PLN 524 million in April, which marks an 11 percent increase y/y, the company stated. For January-April 2017, revenue amounted to PLN 1.886 billion, a 15 percent increase y/y. Internet sales stood at PLN 22.2 million in April and was 76 percent h...

Locked content LPP posts PLN 117 mln net loss in Q1 – preliminary results

WSE-listed fashion retailer LPP posted a net loss of PLN 117 million in Q1 2017, the company said in a market filing with preliminary results. Revenues were up by 16 percent y/y to PLN 1.36 billion, while LfL sales were up by 4.6 percent. EBITA stood at negative PLN 109 million. LPP is a Polish̷...

Locked content LPP enters Belarus

WSE-listed fashion retailer LPP opened its first shops in Belarus. The first LPP brands to have its outlets in Minsk Gallery include Reserved, Cropp and House, with the Reserved store having 2,000 sqm. LPP has franchised its brands to local partners – Rapa Group (Reserved) and TDM Import (Cropp, Hou...

Locked content LPP profit falls in Q4, revenue up

WSE-listed clothing retailer LPP had PLN 158.2 million in Q4, down from PLN 172.3 million year-on-year. The revenue amounted to PLN 1.85 billion in Q4, which is a 17.8 percent growth y/y. For the whole year, the company had PLN 175.9 million in profit (8.2 q/q and 49.9 percent y/y decline) and PLN 6...