Earnings Poll: Poland's Dino Q2 net profit seen 41% higher y/y

Dino Polska

04/08/2023 17:12

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      Dino Q2 results due Aug 17 after the market close
    

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      Net profit seen at 385 mln zlotys
    

  
       GDANSK, Aug 4 (Reuters) - Polish retail chain Dino
Polska  DNP.WA  is expected to report a 41% year-on-year rise in
second-quarter net profit boosted by strong sales, a Reuters
poll on Friday showed.
    The main drivers behind Dino's revenue are like-for-like
sales and increased sales floor area, said BM mBank analyst
Janusz Pieta.
    Dino, one of Poland's biggest companies, is seen reporting
net profit of 385 million zlotys ($95.87 million), the poll of
five banks and brokerages showed.
    This would put net profit for the first half of 2023 at 656
million zlotys.
    
    The following table summarises market forecasts for Dino for
the second quarter of 2023: 
    (Figures in millions of zlotys unless stated otherwise)
                   NET PROFIT        EBIT      EBITDA     SALES
Average                  385          515        602      6,687
Median                   384          512        604      6,616
Lowest                   372          499        585      6,447
Highest                  398          528        611      6,998
No. of forecasts          5            5          5        5    
 Q2 2022                  273          378        451      4,887
Q1 2023                  271          376        458      5,544
Forecasts provided by: DM BOS, Trigon DM, BM mBank, Santander
BM, Noble Securities.

($1 = 4.0157 zlotys)

 (Reporting by Patrycja Zaras; Editing by Richard Chang)
 ((patrycja.zaras@thomsonreuters.com))