CCC with PLN 148.1 mln Q2 net profit

WSE-listed footwear producer and retailer CCC had PLN 148.1 million net profit in Q2, up from PLN 131.6 million y/y and above PLN 128.3 million market consensus. Revenue stood at PLN 1.12 billion, up from PLN 864.9 million the year before. For H1, the company had PLN 105.2 million profit (PLN 109.5 million last year) and PLN 1.84 billion revenue (PLN 1.39 billion last year). LfL sales increased by 9.6 percent, including a 12.9 percent growth in Poland, 4.7 percent increase in the CEE region, and 2.7 percent growth in Western Europe.