LPP with net loss in Q1
11:55
Fashion retailer LPP recorded a consolidated net loss of PLN 37.32 million in Q1 2015, compared with a PLN 14.92 million loss in Q1 2014.
The company's operating profit amounted to PLN 23.7 million in Q1 2015, while in the same period last year it stood at PLN 48.42 million.
Sales revenues stood at PLN 1 billion, versus PLN 945 million last year.
LPP is a Gdańsk-based fashion company, whose brands include: Reserved, CroppTown, Reserved Kids, House, Mohito and Sinsay. It has more than 3,000 stores in Poland and abroad. It has been listed on the WSE since 2001.
