Brief: LPP Announces New Business Strategy For Until 2027
03/04/2025 10:22
April 3 (Reuters) - LPP SA LPPP.WA: ANNOUNCES NEW BUSINESS STRATEGY FOR UNTIL 2027 PLANS TO EXPAND STATIONARY NETWORK TO AROUND 7,500 SHOPS AND AN INCREASE IN SALES OF E-COMMERCE TO 10 BILLION ZLOTYS INTENDS TO SCALE ITS BUSINESS AND DOUBLE ITS REVENUES TO PLN 40 BILLION WITHIN THREE YEARS SINSAY'S STATIONARY NETWORK WILL INCREASE TO AROUND 6,000 STORES BY THE END OF 2027 SINSAY'S SCALABILITY AND LOW MARKET SATURATION OPENS UP THE POTENTIAL FOR THE COMPANY TO REACH 300 MILLION CUSTOMERS IN 27 TARGET MARKETS PLANS FOR EBITDA TO REACH ABOUT 8 BILLION ZLOTYS IN 2027 UNDER NEW STRATEGY BY 2027 SINSAY BRAND TO ACCOUNT FOR 75% OF GROUP'S REVENUE UNDER NEW STRATEGY GROUP TO FOCUS ON SMALLER TOWNS AND RESPOND TO CURRENT CUSTOMER EXPECTATIONS BY CREATING A UNIQUE MARKET CATEGORY, DESIGN&VALUE Further company coverage: LPPP.WA (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))