Dino Poland wants to take more cautious approach to new shop openings
13:43
Dino Polska wants to take a more cautious approach to new shop openings due to, among other things, rising interest rates, and to finance new shops with its operating cash flow, board member and CFO Michal Krauze said.
"The caution is driven by two elements. On the one hand, we are trying to maintain CAPEX, which is why we said in the first quarter of 2022 that it was not growing. The parcel review in this respect is very large and we are trying to keep CAPEX unchanged – or not much higher.
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