Dino Polska shares up on good prospects for 2025, prelim. FY results
28/02/2025 10:12
** Shares in Dino Polska DNP.WA jump over 6% after the company reported on Thursday strong preliminary results for FY 2024 and confirmed a promising outlook for 2025 ** Erste Group analyst Piotr Bogusz also point to the shares' price, which is at historical highs, which may be fuelled by improving earnings momentum, good prospects for 2025, and covering of some short positions ** "Dino Polska posted earnings momentum acceleration in Q4'24 relative to previous quarters, driven by higher revenue pace of growth y/y and further y/y gross sales margin expansion", he adds ** Shares are at the top of Poland's blue-chip index WIG20 .WIG20, which is falling 0.9%, after briefly touching highest ever price of 502 zlotys per share ** Including today's rise the stock has gained 28% YTD (Reporting by Anna Banacka) ((Anna.banacka@thomsonreuters.com))