LPP posts record growth
LPP delivered record 2025 results and upbeat forecasts, sending its share price up 12% to historic highs. Revenue rose 19% to over PLN 23 billion, while EBITDA jumped 31% to PLN 5.4 billion, operating profit 37% to PLN 3.3 billion, and net profit 36% to PLN 2.4 billion.
Growth was driven by expansion to 3,748 stores (+1,029) and entry into six new markets with a combined 60 million consumers. Investments reached PLN 3.2 billion, including PLN 1.3 billion in logistics and automation, alongside increased use of AI.
The balance sheet remains strong, with net debt/EBITDA at 1.1x and PLN 13.5 billion in secured financing, supporting a proposed dividend of PLN 900 per share.
Management expects revenue to exceed PLN 28 billion in 2026, with margins improving despite geopolitical pressures.
Source pb.pl