LPP with PLN 524 million revenue in April

Fashion retailer LPP recorded consolidated revenue of PLN 524 million in April, which marks an 11 percent increase y/y, the company stated. For January-April 2017, revenue amounted to PLN 1.886 billion, a 15 percent increase y/y. Internet sales stood at PLN 22.2 million in April and was 76 percent higher than in the corresponding month of last year, while for the January-April period - PLN 77.1 million (a 93 percent increase). The retailer's store space stood at 913,000 sqm at the end of March 2017 and was 7 percent bigger y/y. LPP has several fashion brands in its portfolio, including Reserved, Cropp, House, Mohito and Sinsay. It has been listed on the Warsaw Stock Exchange since 2001. In 2016 the company's consolidated revenue stood at PLN 6.02 billion.