Allegro sees margin of around 6% in second quarter, CFO says

Allegro.eu SA

22/05/2025 10:54

May 22 (Reuters) - Polish e-commerce company Allegro ALEP.WA expects its margin to rise to around 6% in the second quarter, its finance chief Jon Eastick said on during a conference call on Thursday.

"I think in the second quarter, we're probably looking at being up and around that 6% type of margin ... But don't count on the margin staying above 6%, you know, for the whole year," Eastick said.

Allegro earlier on Thursday reported a first-quarter adjusted EBITDA/GMV margin of 5.82% for its Polish operations.

(Reporting by Anna Pruchnicka, Adrianna Ebert, editing by Milla Nissi-Prussak)

((anna.pruchnicka@thomsonreuters.com; +48 58 769 65 14;))