Poland's Zabka posts higher Q2 core profit, lifts 2025 expansion target

Zabka SA

06/08/2025 06:23

Aug 6 (Reuters) - Polish convenience store chain Zabka ZAB.WA reported 18% growth in its second-quarter consolidated and adjusted core earnings (EBITDA) to 1.06 billion zlotys ($286.84 million), surpassing a Reuters poll estimate of 1.02 billion, driven by its expanding store network.

WHY IT'S IMPORTANT

Zabka is one of the largest convenience store chains in Poland, with a market capitalisation of nearly 20 billion zlotys. Its main competitors Dino Polska DNP.WA and Eurocash EUR.WA are valued at around 46 billion zlotys and 1 billion zlotys, respectively.

CONTEXT

Zabka's growth strategy is based around a franchise model that enables rapid expansion, resulting in a wide network of more than 11,700 stores. It plans to increase this number to around 14,500 across Poland by 2028.

The scale of its network gives it a widespread physical presence throughout the country, particularly in residential and commercial areas.

It is also moving beyond its home market, having introduced its "Froo" brand in Romania.

Zabka debuted on the Warsaw Stock Exchange in October 2024 and later joined the WIG20 .WIG20 blue-chip index.

BY THE NUMBERS

The Polish retailer raised its store opening forecast for 2025 to more than 1,300 stores, up from an earlier plan of more than 1,100 openings, citing better-than-expected access to prime retail locations and steady consumer demand.

Zabka's net profit rose 15% to 192 million zlotys in the second quarter, while its revenue grew 15% to 7.12 billion zlotys.

($1 = 3.6954 zlotys)

 (Reporting by Marta Maciag, editing by Milla Nissi-Prussak)

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