Zabka on track for best day ever after Q2 beat

Zabka SA

06/08/2025 08:32

** Zabka's ZAB.WA shares jump around 10% to the top of Warsaw's blue-chip index .WIG20 after the Polish convenience store chain reported better-than-expected Q2 earnings

** Q2 adjusted core earnings (EBITDA) came in at 1.06 billion zlotys ($286.84 million) vs an estimate of 1.02 billion seen in a Reuters poll

** Zabka also raised its store opening forecast for 2025 to more than 1,300 stores, up from an earlier plan to open more than 1,100

** "Solid results for the second quarter, an upgraded outlook for 2025, and good prospects for the coming quarters should trigger a positive market reaction," Piotr Bogusz, analyst from Erste Group says in a note

** "We see some potential to raise our adjusted EBITDA forecast for this year," says Grzegorz Kujawski from Trigon

** If gains hold the stock will see its biggest one-day rise on record

($1 = 3.7731 zlotys)

 (Reporting by Marta Maciag)

 ((Marta.Maciag@thomsonreuters.com))