Lpp S.A.

CR 20/2018 Selected preliminary consolidated financial data of LPP Capital Group for the third quarter of 2018

01.10.2018

                                                                                   
Current report no.: 20/2018

Date: 01.10.2018; 18:03

 

Selected preliminary consolidated financial data of LPP Capital Group for the third quarter of 2018     

                                                                                           


The Management Board of LPP SA hereby announces selected preliminary consolidated financial data of LPP SA Capital Group for the third quarter of 2018:

Revenues: PLN 2,050 million (increase by 13% y/y),

Gross profit on sales: PLN 1,050 million (increase by 18% y/y),

SG&A costs: PLN 910 million (increase by 17% y/y),

Operating profit (EBIT): PLN 125 million (increase by 21% y/y),

• Revenues in LFL stores (in local currencies) in the entire third quarter of 2018 increased by 3.6%,

• At the end of the third quarter of 2018, retail space reached 1 036 thousand m2 (an increase by 10% y/y).

For period from 01.01.2018 till 30.09.2018:

Revenues: PLN 5,680 million (increase by 16% y/y),

Gross profit on sales: PLN 2,987 million (increase by 21% y/y),

SG&A costs: PLN 2,622 million (increase by 17% y/y),

Operating profit (EBIT): PLN 319 million (increase by 58% y/y),

The said data has been calculated based on the current knowledge of the Management Board as at 1st October 2018 and may change after the full closing of accounting books.

At the same time, the Management Board of LPP SA informs that a detailed financial report will be published on 20 November 2018.

 

CR 20 2018 – Selected preliminary consolidated financial data of LPP Capital Group for the third quarter of 2018