Picture of LPP SA logo

LPP LPP SA News Story

0.000.00%
pl flag iconLast trade - 00:00
Consumer CyclicalsAdventurousLarge CapHigh Flyer

Earnings Poll: Poland's LPP fourth-quarter net profit seen rising 8% y/y

Full-year results due April 3

Q4 net profit seen at 520 mln zlotys

GDANSK, March 27 (Reuters) - Poland's biggest fashion retailer LPP LPPP.WA is expected to report an 8% rise in fourth-quarter net profit year on year, mainly due strong revenue growth, particularly from online sales, a Reuters poll showed on Thursday.

LPP is seen reporting a quarterly net profit of 520 million zlotys ($155.91 million) next week, a poll of six banks and brokerages showed.

That would bring the retailer's 2024 full-year net profit to 1.82 billion zlotys.

The following table summarises market forecasts for

the fourth quarter of 2024:

(Figures in millions of zlotys unless stated otherwise)

NET PROFITEBITEBITDAREVENUE
Average5206921,1485,645
Median5216941,1505,673
Lowest4796511,1115,212
Highest5587241,1845,886
No. of forecasts6666
Q4 20234836431,0134,841
Q3 20245797311,1575,212
Forecasts provided by: DM BOS, Erste Group, Pekao DM, DM mBank, Santander DM, Trigon DM. (Reporting by Marta Maciag; Editing by Kirsten Donovan) ((marta.maciag@thomsonreuters.com; +48 58 746 91 96))

Recent news on LPP SA

See all news