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LPP SA (LPPP.WA)

LPPP.WA on Warsaw Stock Exchange

8,240.00PLN
20 Sep 2019
Change (% chg)

-25.00zł (-0.30%)
Prev Close
8,265.00zł
Open
8,295.00zł
Day's High
8,340.00zł
Day's Low
8,045.00zł
Volume
6,310
Avg. Vol
2,465
52-wk High
9,205.00zł
52-wk Low
6,910.00zł

Latest Key Developments (Source: Significant Developments)

LPP EGM Resolves To Issue Up To 300.0 Mln Zloty Worth Bonds
Friday, 13 Sep 2019 

Sept 13 (Reuters) - LPP SA ::RESOLVES TO ISSUE BONDS.SAYS EGM RESOLVES TO ISSUE UP TO 300.0 MILLION ZLOTY WORTH BONDS WITH MATURITY DATE OF 5 YRS FOR QUALIFIED INVESTORS.  Full Article

LPP Q2 Net Profit Down At 205.5 Mln Zlotys
Thursday, 12 Sep 2019 

Sept 12 (Reuters) - LPP SA ::REPORTED Q2 NET PROFIT 205.5 MILLION ZLOTYS VS 206.1 MILLION ZLOTYS YEAR AGO.Q2 REVENUE 2.21 BILLION ZLOTYS VERSUS PREVIOUSLY ESTIMATED 2.22 BILLION ZLOTYS .Q2 OPERATING PROFIT 352.5 MILLION ZLOTYS VERSUS PREVIOUSLY ESTIMATED 330.0 MILLION ZLOTYS.Q2 LFL SALES UP 1.3% YEAR ON YEAR.H1 RETAIL SPACE UP 9.7% YEAR ON YEAR.  Full Article

LPP To Merge With Gothals Ltd In Which Co Holds 100% Stake
Friday, 9 Aug 2019 

Aug 9 (Reuters) - LPP SA ::SAYS CO TO MERGE WITH GOTHALS LIMITED, CYPRUS IN WHICH CO HOLDS 100% STAKE.  Full Article

LPP Prelim Q2 Revenue 2.22 Bln Zlotys, Up 8% YoY
Monday, 1 Jul 2019 

July 1 (Reuters) - LPP SA ::PRELIM Q2 REVENUE 2.22 BILLION ZLOTYS, UP 8% VERSUS YEAR AGO.PRELIM Q2 EBIT 330 MILLION ZLOTYS.PRELIM Q2 LFL SALES UP 1.3%.PRELIM Q2 RETAIL SPACE 1.1 MILLION SQUARE METRES, UP 10% YOY.  Full Article

LPP Sees Gross Profit Margin At 53-54% In 2019
Tuesday, 28 May 2019 

May 28 (Reuters) - LPP SA ::SEES GROUP'S GROSS PROFIT MARGIN AT BETWEEN 53-54% IN 2019.SEES CONTINUATION OF DOUBLE-DIGIT REVENUE GROWTH DUE TO FLOORSPACE DEVELOPMENT, POSITIVE LFLS AND E-COMMERCE IN 2019.SEES 12% YOY FLOORSPACE GROWTH IN 2019.SAYS BY THE END OF 2019 RESERVED BRAND STORES SHOULD BE PRESENT IN 25 COUNTRIES.PLANS 2019 CAPEX AT ABOUT 870 MILLION ZLOTYS, UP C. 9% YOY .SAYS THAT IF THE RETAIL SALES TAX COME IN FORCE AS OF 2020, IT MAY REACH ABOUT 45 MILLION ZLOTYS .  Full Article

LPP Q1 Net Loss Widens To 114.6 Mln Zlotys
Tuesday, 28 May 2019 

May 28 (Reuters) - LPP SA ::Q1 NET LOSS OF 114.6 MILLION ZLOTYS VERSUS LOSS OF 104.8 MILLION ZLOTYS YEAR AGO.Q1 REVENUE 1.83 BILLION ZLOTYS, IN LINE WITH ITS PRELIMINARY RESULTS REPORTED ON APRIL 1 nFWN21J0OK.Q1 OPERATING LOSS OF 100.2 MILLION ZLOTYS VERSUS LOSS OF 117.7 MILLION ZLOTYS YEAR AGO.SAYS THAT DUE TO APPLICATION OF IFRS 16 IT HAS REPORTED A LESS FAVOURABLE IMPACT OF FINANCIAL ACTIVITY.Q1 FINANCIAL INCOME WAS 12.3 MILLION ZLOTYS VERSUS 17.1 MILLION ZLOTYS YEAR AGO, WHILE FINANCIAL COSTS WERE 29 MILLION ZLOTYS VERSUS 2.5 MILLION ZLOTYS YEAR AGO.Q1 CAPEX AT 192.0 MILLION ZLOTYS, UP 29.2% YOY.AT END OF Q1 COMPANY HAS 1,724 STORES VERSUS 1,728 STORES YEAR AGO.AT END OF Q1 RETAIL SPACE WAS 1.0 MLN SQM, UP 8.4% YOY.Q1 GROSS MARGIN 43.4%, DOWN 1.7 P.P YOY.  Full Article

LPP Prelim. Q1 EBIT Loss Narrows To 105 Mln Zlotys
Monday, 1 Apr 2019 

April 1 (Reuters) - LPP SA ::PRELIM. Q1 EBIT LOSS 105 MILLION ZLOTYS VERSUS LOSS 118 MILLION ZLOTYS YEAR AGO.PRELIM. Q1 2019 REVENUE 1.83 BILLION ZLOTYS, UP 16% Y/Y.PRELIM. Q1 LFL SALES UP 11.4%.  Full Article

LPP Preliminary Q4 Revenue Up 10 Pct YoY
Wednesday, 2 Jan 2019 

Jan 3 (Reuters) - LPP SA ::SAID ON WEDNESDAY ITS PRELIMINARY Q4 REVENUE AT 2.37 BLN ZLOTYS, UP 10% YOY .PRELIMINARY Q4 EBIT 420 MLN ZLOTYS, UP 12% YOY.DUE TO PUBLISH 2018 FINANCIAL REPORT ON APR 11.  Full Article

LPP Q3 Net Profit Up At 91.6 Mln Zlotys, Maintains 2018 Outlook
Tuesday, 20 Nov 2018 

Nov 20 (Reuters) - LPP SA ::Q3 NET PROFIT 91.6 MLN ZLOTYS VERSUS 85.1 MLN ZLOTYS YEAR AGO.Q3 REVENUE 2.04 BLN ZLOTYS VERSUS PREVIOUSLY ESTIMATED 2.05 BLN ZLOTYS nL8N1WI0I5.Q3 GROSS MARGIN AT 51 PCT, UP 2 P.P. YOY.Q3 EBIT 129.2 MLN ZLOTYS VERSUS PREVIOUSLY ESTIMATED 125 MLN ZLOTYS.LFL SALES UP 3.6 PCT, IN LINE WITH ESTIMATES.RETAIL SPACE AS AT SEPT.-END 1 MLN SQUARE METERS, UP 10.2 PCT YEAR-ON-YEAR.SAYS REVENUE GROWTH HELPED BY POSITIVE LFLS, FLOORSPACE GROWTH AND ONLINE SALES INCREASE.Q3 CAPEX AT 209.9 MLN ZLOTYS, UP 74.5 PCT YOY.PLANNED 2019 CAPEX AT ABOUT 700 MILLION ZLOTYS, UP C. 25 PCT YOY.IT PLANS 10% FLOORSPACE GROWTH IN 2019 YOY WITH ENTRY INTO 2 NEW MARKETS, BOSNIA AND HERZEGOVINA AND FINLAND.2018 OUTLOOK MAINTAINED.  Full Article

LPP To Build Fulfilment Center Near Bucharest
Tuesday, 23 Oct 2018 

Oct 23 (Reuters) - LPP SA ::SIGNED A CONTRACT WITH WDP DEVELOPMENT FOR CONSTRUCTION OF A WAREHOUSE NEAR BUCHAREST IN ROMANIA, CO SAYS IN A STATEMENT.THE WAREHOUSE, WITH AREA OF ​​22,000 SQUARE METRES, TO FUNCTION AS A FULFILMENT CENTER DEDICATED TO LOGISTICS SUPPORT FOR E-COMMERCE SALES OF ALL BRANDS BELONGING TO LPP.LPP PLANS TO INCREASE ITS WAREHOUSE SPACE TO OVER 270,000 SQUARE METERS FROM OVER 100,000 SQUARE METERS IN THE FORTHCOMING YEARS .CO SAYS COMPLETION OF THE INVESTMENT IN ROMANIA IS PLANNED FOR 2019.  Full Article