Earnings Poll: Poland's LPP first-quarter net profit seen declining 11%

LPP SA

09/06/2025 15:39

Q1 results due June 12

Q1 net profit seen at 246 mln zlotys

GDANSK, June 9 (Reuters) - Poland's biggest fashion retailer LPP LPPP.WA is expected to report an 11% slump in first-quarter net profit year on year, mainly due to higher operating expenses from new store openings and a muted consumer environment, particularly from online sales, a Reuters poll showed on Monday.

LPP is seen reporting a quarterly net profit of 246 million zlotys ($65.71 million), a poll of five banks and brokerages showed.

First-quarter revenue is expected to rise by 16% to 4.99 billion zlotys, driven by stable momentum in e-commerce revenue.

The following table summarises market forecasts for

the fourth quarter of 2024:

(Figures in millions of zlotys unless stated otherwise)

NET PROFIT
EBIT
EBITDA
REVENUE
Average
246
376
865
4,987
Median
268
396
871
4,981
Lowest
185
313
810
4,819
Highest
292
431
935
5,202
No. of forecasts
5
5
5
5
Q1 2024
276
411
795
4,306
Q4 2024
448
662
1,134
5,671

Forecasts provided by: DM BOS, Pekao DM, DM mBank, Santander DM, Trigon DM.

($1 = 3.7440 zlotys)

 (Reporting by Marta Maciag;
Editing by Louise Heavens)

 ((marta.maciag@thomsonreuters.com; +48 58 746 91 96))