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LPP SA (LPPP.WA)

LPPP.WA on Warsaw Stock Exchange

7,620.00PLN
16 Nov 2018
Change (% chg)

85.00zł (+1.13%)
Prev Close
7,535.00zł
Open
7,555.00zł
Day's High
7,690.00zł
Day's Low
7,435.00zł
Volume
2,924
Avg. Vol
2,641
52-wk High
10,330.00zł
52-wk Low
7,435.00zł

Latest Key Developments (Source: Significant Developments)

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

LPP Prelim. Q3 EBIT Up 21 Pct YoY
Monday, 1 Oct 2018 

Oct 2 (Reuters) - LPP SA ::REPORTED ON MONDAY PRELIMINARY Q3 REVENUE OF 2.05 BLN ZLOTYS, UP 13 PCT YEAR-ON-YEAR.PRELIM. Q3 EBIT 125 MLN ZLOTYS, UP 21 PCT YEAR-ON-YEAR.PRELIM Q3 LFL SALES UP 3.6 PCT .RETAIL SPACE AS AT SEPT.-END 1 MLN SQUARE METERS, UP 10 PCT YEAR-ON-YEAR .PRELIM. Q3 OPERATIONAL COSTS 910 MLN ZLOTYS, UP 17 PCT YEAR-ON-YEAR.THE FINANCIAL REPORT IS DUE ON NOVEMBER 20.  Full Article

LPP Q2 Net Profit Up At 206.1 Mln Zlotys
Tuesday, 4 Sep 2018 

Sept 4 (Reuters) - LPP SA ::REPORTS Q2 NET PROFIT 206.1 MLN ZLOTYS VS 173.3 MLN ZLOTYS YEAR AGO .Q2 EBITDA 397.4 MLN ZLOTYS VS 281.2 MLN ZLOTYS YEAR AGO.Q2 EBIT 311.8 MLN ZLOTYS VS PREVIOUSLY ESTIMATED 310 MLN ZLOTYS .Q2 REVENUE 2.05 BLN ZLOTYS, Q2 LFL SALES UP 14.6 PCT, IN LINE WITH PREVIOUSLY ESTIMATED RESULTS nFWN1TY0O5.  Full Article

LPP To Invest 400 Mln Zlotys In New Distribution Centre
Wednesday, 18 Jul 2018 

July 18 (Reuters) - LPP SA ::WILL INVEST 400 MILLION ZLOTYS IN THE CONSTRUCTION OF A NEW DISTRIBUTION CENTRE IN BRZESC KUJAWSKI, THE COMPANY SAID IN A STATEMENT.THE NEW CENTRE WILL ALLOW TO DOUBLE THE COMPANY'S CURRENT WAREHOUSING SPACE.THE WAREHOUSE WILL HANDLE DELIVERIES TO BRICK-AND-MORTAR STORES OF LPP'S BRAND RESERVED.1,000 PEOPLE WILL FIND EMPLOYMENT IN THE NEW CENTRE WHICH WILL START ITS OPERATIONS AT THE TURN OF 2021 AND 2022.EARLIER IN JUNE, CO INFORMED ABOUT ITS 2.2 BLN ZLOTY INVESTMENT PLANT TILL 2021, INCLUDING 400 MILLION ZLOTYS ON DISTRIBUTION nL8N1TF26M.  Full Article

Dekpol Signs LoI with LPP Regarding Construction Works
Monday, 16 Jul 2018 

July 17 (Reuters) - DEKPOL SA ::SAID ON MONDAY THAT IT HAS SIGNED A LETTER OF INTENT WITH LPP <<>> REGARDING CONSTRUCTION WORKS TO ENLARGE THE RETAILER'S DISTRIBUTION CENTRE IN PRUSZCZ GDANSKI.THE NET REMUNERATION FOR THE CONSTRUCTION WORKS SET AT ABOUT 11 PCT OF DEKPOL'S FY 2017 CONSOLIDATED REVENUE.AS PART OF THE DEAL, THE COMPANY WOULD BUILD A WAREHOUSE AND OFFICE BUILDING.  Full Article

LPP Q2 Prelim. EBIT Up 49 Percent YoY
Monday, 2 Jul 2018 

July 2 (Reuters) - LPP SA ::Q2 PRELIM. EBIT 310 MILLION ZLOTYS, UP 49 PERCENT YOY.Q2 PRELIM. REVENUE 2.05 BILLION ZLOTYS, UP 20 PERCENT YOY.Q2 PRELIM. LFL SALES UP 14.6 PERCENT YOY.Q2 PRELIM. OPERATIONAL COSTS UP 21 PERCENT YOY TO 898 MILLION ZLOTYS.Q2 RETAIL SPACE AT JUNE-END AT 1 MLN SQUARE METERS, UP 10.7 PCT YOY.H1 PRELIM. EBIT AT 192 MILLION ZLOTYS ON REVENUE OF 3.63 BILLION ZLOTYS.  Full Article

Poland's LPP sales rose over 10 pct y/y in April - deputy CEO
Thursday, 17 May 2018 

May 17 (Reuters) - LPP SA ::DEPUTY CEO SAYS LIKE-FOR-LIKE SALES ROSE BY OVER 10 PERCENT Y/Y IN APRIL AND FIRST HALF OF MAY.DEPUTY CEO SAYS HE IS RELAXED ABOUT THE RISE IN GROSS MARGIN IN H1.LLP SAID EARLIER THAT IT EXPECTS ITS GROSS MARGIN TO RISE TO 54-55 PCT IN 2018 FROM SLIGHTLY LESS THAN 53 PCT IN 2017.  Full Article

LPP Q1 Net Loss Lowers To 104.8 Mln Zlotys
Thursday, 17 May 2018 

May 17 (Reuters) - LPP SA ::POSTS Q1 NET LOSS AT 104.8 MILLION ZLOTYS VERSUS LOSS OF 117.0 MILLON ZLOTYS YEAR AGO.Q1 NEGATIVE EBIT OF 117.7 MILLION ZLOTYS VERSUS 109 MILLION ZLOTYS.Q1 REVENUE OF 1.58 BILLION ZLOTYS VERSUS 1.36 BILLION ZLOTYS YEAR AGO.Q1 GROSS MARGIN AT 45.1 PERCENT VERSUS 45.6 PERCENT YEAR ON YEAR.HIGHER REVENUE HELPED BY HIGHER RETAIL SPACE, POSITIVE LFL SALES (9.2 PERCENT YEAR ON YEAR) AND GROWTH OF ONLINE SALES.IN 2018 CO PLANS TO HAVE STORES IN 23 COUNTRIES (AT THE END OF Q1 THE COMPANY HAD 1,728 STORES IN 20 COUNTRIES) AND TO INCREASE RETAIL SPACE BY 11 PCT .IT PLANS CAPEX AT ABOUT 520 MILLION ZLOTYS THIS YEAR (IN Q1 CAPEX AT 148.6 MLN, UP 32% PCT YEAR ON YEAR).IT AIMS TO ENTER THREE NEW MARKETS IN 2018: KAZAKHSTAN, SLOVENIA AND ISRAEL.IN APRIL THE COMPANY ANNOUNCED THAT ITS NEGATIVE EBIT WOULD BE 115 MILLION ZLOTYS ON Q1 REVENUE OF 1.58 BILLION ZLOTYS nL5N1RH0HJ.  Full Article

Poland's LPP plans to pay out dividend Of 40 zlotys/share for 2017
Tuesday, 24 Apr 2018 

April 24 (Reuters) - LPP SA ::POLAND'S LPP SA SAYS PLANS TO PAY OUT DIVIDEND OF 40 ZLOTYS/SHARE FOR 2017.  Full Article

LPP Posts Q1 Negative EBIT At 115 Million Zlotys
Tuesday, 3 Apr 2018 

April 4 (Reuters) - LPP SA ::SAID ON TUESDAY THAT ITS Q1 NEGATIVE EBIT WAS 115 MILLION ZLOTYS, VERSUS NEGATIVE EBIT OF 109 MILLION ZLOTYS YEAR ON YEAR .Q1 REVENUE WAS 1.58 BILLION ZLOTYS, UP 16 PERCENT YEAR ON YEAR.LIKE-FOR-LIKE SALES WERE UP 9.2 PERCENT YEAR ON YEAR AND THE RETAIL SPACE WAS UP BY 9.5 PERCENT AT 1 MILLION SQUARE METERS AT THE END OF Q1.SG&A IN Q1 RISES BY 13.3 PERCENT TO 815 MILLION ZLOTYS.  Full Article

BRIEF-LPP Enters Kazakhstani Market, Eyes Global Turnover Increase

* HAS OPENED NEW 'RESERVED' STORE IN KAZAKHSTAN, IN ALMATY, ENTERING 23RD FOREIGN MARKET, THE COMPANY SAID IN A STATEMENT