Dino Q2 profit up by 23.2%

WSE-listed retailer Dino increased its Q2 net profit by 23.2 percent y/y to PLN 46.69 million, the company said in a market filing. Revenues amounted to PLN 1.1 billion, up 34.1 percent y/y, while operating profit stood at PLN 68.05 million, a 31 percent y/y increase. Like-for-like sales increased by 16.5 percent In Q2 Dino had a network of 677 stores, up by 38 q/q, Dino plans to expand its network to over 1,200 by 2020.