Locked content LPP qith PLN 302 mln Q4 net profit

WSE-listed fashion retailer LPP recorded PLN 302 million net profit in Q4 up by 90.9 percent y/y according to the company’s early estimates. The group’s revenue stood at PLN 2.14 billion, a 15.8 percent y/y growth, while gross profit from sales amounted to PLN 1.23 billion. For the full 2017, the co...
Image: Gemini Holding

LPP leases almost 4,000 sqm in Gemini Park Tychy mall

Stores of the brands of fashion retailer LPP – Reserved, Cropp, House, Mohito and Sinsay – will occupy a total of almost 4,000 sqm of space at the Gemini Park Tychy shopping center, which Kraków-based developer Gemini Holding is now developing in Silesia. The project will comprise over 36,600 sqm of...

Locked content LPP with 18% revenue growth y/y in December

WSE-listed fashion retailer LPP has posted consolidated revenue from sales of PLN 893 million in December, marking an 18 percent increase y/y. For 2017, revenue amounted to PLN 7.03 billion, which is 17 percent higher than last year. Internet sales increased by 135 percent y/y to PLN 61 million in D...

Locked content LPP with 24% revenue growth y/y in November

WSE-listed fashion retailer LPP has posted consolidated revenue from sales of PLN 602 million in November, marking a 24 percent increase y/y. For the January-November period, revenue amounted to PLN 6.13 billion, which is 24 percent higher than in the corresponding period of last year. Internet sale...

Locked content LPP confirms its Q3 net profit

WSE-listed fashion retailer LPP had a PLN 85 million net profit in Q3 confirming its early estimates. Last year, the company had PLN 6.49 million loss. The group’s consolidated revenue stood at PLN 1.81 billion, a 22 percent y/y growth, while EBIT amounted to PLN 103 million compared to PLN 4.8 mill...

Locked content LPP plans PLN 1.5 bln CAPEX by 2020

WSE-listed fashion retailer LPP has sustained its CAPEX forecast at PLN 1.5 billion until 2020, the company’s Deputy President Przemysław Lutkiewicz told the ISBnews press agency. The funds will be spent on both new locations and refurbishing the existing ones. He also added that the company’s first...

Locked content LPP with PLN 85 mln profit in Q3

WSE-listed fashion retailer LPP recorded PLN 85 million net profit in Q3 according to the company’s early estimates. Market consensus put the figure at PLN 77.1 million, according to PAP. The group’s consolidated revenue stood at PLN 1.81 billion, a 22 percent y/y growth, while gross profit from sal...

Locked content LPP with 7% revenue growth y/y in October

Fashion retailer LPP has posted consolidated revenue from sales of PLN 657 million in October, marking a 7 percent increase y/y. For the January-October period, revenue amounted to PLN 5.544 billion, which is 16 percent higher than in the corresponding period of last year. Gross sales margin in Octo...

Locked content LPP to spend PLN 200 a year on R&D

Fashion retailer LPP wants to hire over 1,000 employees and spend nearly PLN 200 million a year on R&D, the company stated. “We want to have 2,000 people working on a variety of R&D project by the end of 2018,” said LPP’s CEO Marek Piechocki. The company also wants to allocate PLN 1.5 billio...

Locked content LPP, CCC September sales soar

WSE-listed shoe retailer CCC, saw its sales revenue in September increased by 51.6 percent reaching PLN 380.6 million, the company said in a market filing. Revenue for the period between January and September stood at PLN 2.83 billion and was 37.6 percent higher y/y. In the same month, WSE-listed fa...