Dino with PLN 151.2 mln attrib. net profit in 2016

WSE-listed retail chain Dino posted PLN 151.2 million attributable net profit in 2016, up by 23.8 percent from PLN 122.2 million in 2015, the company posted in its annual report. Sales revenues amounted to PLN 3.37 billion last year, up 30.1 percent from PLN 2.6 billion in 2015, while LfL sales grew by 11.3 percent y/y. EBITDA stood at PLN 288 million, up by 37 percent y/y. At end-2016 Dino had a network of 628 stores, up by 117 y/y, Dino plans to expand its network to over 1,200 by 2020, according to the report.