Dino Q3 profit up by 22.3%

WSE-listed retailer Dino increased its Q3 net profit by 22.3 percent y/y to PLN 63.54 million, the company said in a market filing. Revenues amounted to PLN 1.22 billion, up 33.1 percent y/y, while operating profit stood at PLN 86.4 million, a 45.5 percent y/y increase. Like-for-like sales increased by 16.1 percent At end-Q3 Dino had a network of 718 stores, up by 129 y/y, Dino plans to expand its network to over 1,200 by 2020.