6:33 18 September 2026
LPP profit beats forecasts in quarter
LPP reported second-quarter net profit of PLN 768 million, above the PLN 684.1 million consensus compiled by PAP Biznes. Revenue reached PLN 6.58 billion, up 18 percent year over year, while EBITDA climbed 46 percent to PLN 1.74 billion. Operating profit rose 64 percent to PLN 1.13 billion, also exceeding analyst expectations.
For the first half, net profit increased 55.6 percent to PLN 1.24 billion and the net margin improved to 10.3 percent from 7.6 percent a year earlier. LPP maintained its 2026 sales target of about PLN 26–27 billion and raised its expected gross margin to 56.5–57 percent. The group plans capital spending of PLN 2.5 billion and around 15 percent growth in retail space, driven mainly by approximately 750 Sinsay openings. Sales from August 1 through September 15 were 20 percent higher year over year in constant currencies.
Source: bankier.pl
