Earnings Poll: Poland's Dino Q2 net profit seen flat y/y

Dino Polska

19/08/2024 15:17

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      Dino Q2 results due Aug. 22 after market close
    

        * 
      Net profit seen at 362.1 mln zlotys
    

  
       GDANSK, Aug 19 (Reuters) - Polish retail chain Dino
Polska  DNP.WA  is expected to report net profit for the second
quarter unchanged year on year. While revenue increased, rising
competition and costs resulted in pressure on gross margins,
according to a Reuters survey released on Monday.
    Dino is seen reporting net profit of 362.1 million zlotys
($93.7 million), the poll of six banks and brokerages showed.
    This would put net profit for the first half of 2024 at
657.3 million zlotys.
    Results are due on Aug. 22 after the market close.    
    The following table summarises market forecasts for Dino for
the second quarter of 2024: 
    (Figures in millions of zlotys unless stated otherwise)  
     
                   NET PROFIT     EBIT       EBITDA     REVENUE
 Average                362.1        477.5      574.9    7,372.9
 Median                 364.6        483.0      579.6    7,341.7
 Lowest                 327.1        433.8      537.7    7,295.9
 Highest                410.0        531.0      631.0    7,569.0
 No. of forecasts           6            6          6          6
 Q1 2024                295.2        397.5      492.1    6,671.2
 Q2 2023                362.2        482.1      571.4    6,548.7
    Forecasts provided by: Santander BM, Trigon DM, Erste
Securities, BOŚ BM, Ipopema, mBank BM.

    ($1 = 3.8639 zlotys)

 (Reporting by Olga Sawczuk and Julia Kotowska; Editing by David
Holmes)
 ((olga.helenasawczuk@thomsonreuters.com))