Poland's CCC Q1 profit rises 25% driven by cost discipline, beats forecast

Modivo SA

12/05/2025 06:21

May 12 (Reuters) - Polish footwear and fashion retailer CCC CCCP.WA reported a 25% rise in first-quarter core profit, driven by strong cost discipline that reduced its cost-to-revenue ratio by nearly 2 percentage points to 43.9% from 45.5% a year earlier.

CCC's preliminary earnings before interest, tax, depreciation, and amortisation (EBITDA) came at 376 million zlotys ($99.80 million) in the first quarter, up from 301 million zlotys a year earlier, exceeding a Reuters poll forecast of 366 million zlotys.

($1 = 3.7675 zlotys)

 (Reporting by Marta Maciag; Editing by Jamie Freed)

 ((Marta.Maciag@thomsonreuters.com;))