4:55 21 May 2026
Modivo beats EBITDA consensus
Modivo Group — the Warsaw-listed footwear and apparel conglomerate that operates the CCC, HalfPrice, eobuwie, and MODIVO brands across 20 European markets with over 1,300 stores — reported this morning that its EBITDA for the first quarter of the current financial year reached PLN 230 million, modestly ahead of the market consensus forecast of PLN 225.8 million. Adjusted EBITDA was PLN 296 million. The company also disclosed that between 1 and 18 May 2026, sales rose 22% year-on-year — a strong signal heading into its Q1 earnings call. The Modivo result stands in contrast to broader retail caution in Poland, where inflation and the Middle East energy shock have begun weighing on discretionary consumer spending. The stock was the most active on the Warsaw Stock Exchange by trading volume as of Wednesday morning.
