Dino misses forecasts
Dino Polska reported Q4 2025 net profit of PLN 367.7 million, well below the PLN 456.4 million consensus. EBIT reached PLN 477.3 million and EBITDA PLN 613.5 million, both missing expectations, while revenue of PLN 8.9 billion also came in slightly under forecasts.
For 2025, revenue rose 14.9% to PLN 33.6 billion. EBITDA increased 9.9% to PLN 2.55 billion, though the margin slipped to 7.6%. Net profit grew 3.5% to PLN 1.56 billion.
Like-for-like sales rose 4.4%, reflecting cautious, price-sensitive consumers amid deflation, management said.
The group remains in expansion mode, ending the year with 3,033 stores after opening 345 new locations. Net cash stood at PLN 199.5 million.
Dino plans to accelerate store openings in 2026, targeting over 10% growth and capex of about PLN 2.5 billion, while aiming to improve LfL sales despite continued pricing pressure.
Source: biznes.pap.pl