Second-quarter results due September 25 after market close
Net profit seen at 497 mln zlotys
GDANSK, Sept 19 (Reuters) - Poland's biggest fashion retailer LPP LPPP.WA is forecast to report a 12% rise in second quarter net profit year on year, helped by a sales recovery in the latter part of the quarter, a Reuters poll showed on Friday.
The company's results will reflect the impact of a provision of around 340-350 million zlotys for a fire at its Romanian warehouse, though this is expected to be partly offset by an initial insurance payment.
LPP is seen reporting a net profit of 497 million zlotys($137.03 million), a poll of five banks and brokerages showed.
The following table summarises market forecasts for LPP for
the second quarter of 2025:
(Figures in millions of zlotys unless stated otherwise)
NET PROFIT
EBIT
EBITDA
REVENUE
Average
497
481
980
5,574
Median
506
384
892
5,500
Lowest
460
316
799
5,476
Highest
519
711
1,221
5,822
No. of forecasts
5
5
5
5
Q2 2024
444
611
1,018
5,005
Q1 2025
334
464
938
4,954
Forecasts provided by: DM BOS, Erste Group, DM mBank, Santander DM, Trigon DM.
($1 = 3.6270 zlotys)
(Reporting by Marta Maciag;
Editing by Jane Merriman)
((marta.maciag@thomsonreuters.com; +48 58 746 91 96))