Emperia with PLN 15.78 Q2 net profit

WSE-listed retailer Emperia posted a PLN 15.78 million attributable net profit in Q2, 46.3 percent up y/y. Operating profit was up by 35.1 percent to PLN 17.55 million, while revenues amounted to PLN 631.7 million, a 7.8 percent y/y growth. Emperia's search for an investor is going in line with internal plans and the company is currently at the stage of "quite advanced" due diligence, according to company officials. Emperia, owns the Stokrotka discount chain, which operates some 300 stores across Poland.