Earnings Poll: Poland's Dino Q1 net profit seen 40% higher y/y

Ipopema Securities SA

02/05/2023 12:57

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      Dino Q1 results due May 4 after the market close
    

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      Net profit seen at 267 mln zlotys
    

  
       GDANSK, May 2 (Reuters) - Polish retail chain Dino
Polska  DNP.WA  is expected to report a 40% year-on-year rise in
first-quarter net profit driven mainly by sales growth,
improving like-for-like dynamics, and an increase in sales area,
a Reuters poll showed on Tuesday.
    Dino, one of Poland's biggest companies, is seen reporting
net profit of 267 million zlotys ($64 million), the poll of five
banks and brokerages showed.   
    
    The following table summarises market forecasts for Dino for
the first quarter of 2023: 
    (Figures in millions of zlotys unless stated otherwise)
                   NET PROFIT         EBIT     EBITDA     SALES
Average                  267          364        449      5,548
Median                   272          368        450      5,410
Lowest                   244          338        426      5,396
Highest                  294          392        480      5,980
No. of forecasts          5            5          5          5
Q1 2022                  191          263        333      3,854
Q4 2022                  328          438        519      5,693 
    Forecasts provided by: Ipopema Securities, BM mBank, Trigon
DM, Noble Securities, DM BOS SA
    ($1 = 4.1729 zlotys)

 (Reporting by Patrycja Zaras  Editing by Mark Potter)
 ((patrycja.zaras@thomsonreuters.com
+48 58 769 66 41))