Earnings Poll: Polish retailer Dino seen posting small Q3 profit rise

Mbank SA

04/11/2026 14:42

Results due on November 5 after market close
Q3 net profit seen at 492 million zlotys
GDANSK, Nov 4 (Reuters) - Polish grocery chain Dino Polska DNP.WA is expected to post third-quarter net profit of 492 million zlotys ($132 million), up about 2% year on year, as pressure on margins from deflation and higher labour costs curbed the impact of rapid store expansion.
The median forecast from a Reuters poll of five banks and brokerages put Dino's revenue at 9.68 billion zlotys, up 10% year on year, with store growth of more than 12% offsetting near-flat like-for-like sales. 
Analysts said that gross margin was seen improving modestly on lower pork prices and better purchasing terms, though higher fuel and transport costs offset some gains.
The following table summarises analysts' forecasts for Dino for the third quarter of 2026:
(Figures in millions of zlotys unless stated otherwise)


NET PROFIT
EBITDA
REVENUE
Average
494
797
9681
Median
492
803
9694
Lowest
478
772
9587
Highest
512
812
9810
No. of forecasts
5
5
5
Q3 2025
482
750
8761
Q2 2026
400
665
9531

Forecasts provided by: Erste Group, mBank, Ipopema, Trigon, Noble Securities, Erste BP
($1 = 3.7330 zlotys)

 (Reporting by Marta Maciag. Editing by Mark Potter)
 ((Marta.Maciag@thomsonreuters.com))