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LPP SA (LPPP.WA)

LPPP.WA on Warsaw Stock Exchange

7,360.00PLN
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Change (% chg)

90.00zł (+1.24%)
Prev Close
7,270.00zł
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7,260.00zł
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7,395.00zł
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7,230.00zł
Volume
5,331
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2,149
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9,560.00zł
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6,930.00zł

Latest Key Developments (Source: Significant Developments)

Poland's LPP says lfl sales fell in May
Tuesday, 28 May 2019 

May 28 (Reuters) - LPP SA ::DEPUTY HEAD SAYS WE EXPECT THAT FROM 2022 ANNUAL CAPEX WILL BE 500 MILLION ZLOTYS.DEPUTY HEAD SAYS IN MAY LIKE-FOR-LIKE SALES FELL BY 12 PERCENT Y-O-Y.  Full Article

LPP FY Net Profit Up At 505.2 Mln Zlotys
Wednesday, 10 Apr 2019 

April 11 (Reuters) - LPP SA ::FY NET PROFIT 505.2 MILLION ZLOTYS VERSUS 440.8 MILLION ZLOTYS YEAR AGO.FY REVENUE 8.05 BILLION ZLOTYS VERSUS 7.03 BILLION ZLOTYS YEAR AGO.FY OPERATING PROFIT 756.6 MILLION ZLOTYS VERSUS 578.4 MILLION ZLOTYS YEAR AGO.FY LFL SALES UP 7.2 % YEAR ON YEAR.AT END 2018 1,765 STORES VERSUS 1,743 STORES YEAR AGO; RETAIL SPACE UP BY 9.1% YEAR ON YEAR.PLANS TO INCREASE CAPEX TO 860 MILLION ZLOTYS IN 2019 AND TO 980 MILLION ZLOTYS IN 2020 (3.16 BILLION ZLOTYS OVER 2019-2022).IN 2019 PLANS TO CONTINUE GROUP'S DOUBLE-DIGIT SALES GROWTH AND SEES MARGIN OF 54-55 PCT .PLANS TO EXPAND INTO BOSNIA AND HERZEGOVINA AND FINLAND IN 2019 .IN 2019 PLANS TO INCREASE REVENUE FROM FOREIGN SALES BY LAUNCHING 'PANEUROPEAN' ONLINE STORE OPERATING WITHIN THE WHOLE EUROPEAN UNION .PLANS TO INVEST IN THE AREAS OF CONSTRUCTION AND MODERNISATION OF STATIONARY STORES, CONSTRUCTION OF DISTRIBUTION CENTRES, EXPANSION AND MODERNISATION OF OFFICES AS WELL AS E-COMMERCE AND IT .  Full Article

LPP Recommends Dividend Of 60 Zlotys/Share For 2018
Monday, 25 Mar 2019 

March 25 (Reuters) - LPP SA ::SAYS MANAGEMENT RECOMMENDS DIVIDEND OF 60 ZLOTYS/SHARE FOR 2018.  Full Article

LPP To Merge With Its Subsidiary
Monday, 25 Mar 2019 

March 25 (Reuters) - LPP SA ::SAYS DECIDES TO MERGER WITH ITS SUBSIDIARY GOTHALS LTD.  Full Article

LPP Enters Kazakhstani Market, Eyes Global Turnover Increase
Monday, 5 Nov 2018 

Nov 5 (Reuters) - LPP SA ::HAS OPENED NEW 'RESERVED' STORE IN KAZAKHSTAN, IN ALMATY, ENTERING 23RD FOREIGN MARKET, THE COMPANY SAID IN A STATEMENT.SAYS ALSO PLANS TO OPEN 'HOUSE', 'MOHITO' AND 'SINSAY' STORES IN NOVEMBER AND 'RESERVED' AND 'CROPP' BY THE END OF THE YEAR IN A'PORT SHOPPING CENTRE.ESTIMATES ITS GLOBAL TURNOVER WILL INCREASE BY SEVERAL PERCENT EVERY YEAR WHICH "WOULD NOT BE POSSIBLE WITHOUT NEW MARKETS", SLAWOMIR LOBODA, DEPUTY CEO, SAYS .CO INFORMED ABOUT ITS INVESTMENTS AND EXPANSION PLANS IN JUNE nL8N1TF26M.  Full Article

LPP Plans 2.2 Bln Zloty Investment Till 2021, Further Expansion
Wednesday, 13 Jun 2018 

June 13 (Reuters) - LPP SA ::SAYS IN A STATEMENT IT ESTIMATES INVESTMENT OF 1.5 BLN ZLOTYS IN NETWORK OF SHOPS TILL 2021 AND 3.5 BLN ZLOTYS TILL 2025.ESTIMATES TOTAL INVESTMENT TILL 2021 OF 2.2 BLN ZLOTYS INCLUDING 300 MILLION ZLOTYS FOR ITS HEADQUARTERS AND 400 MILLION ZLOTYS FOR DISTRIBUTION.CEO MAREK PIECHOCKI SAYS INVESTMENT WILL ALLOW FURTHER DEVELOPMENT AS COMPANY WANTS TO ENTER AT LEAST ONE NEW MARKET EACH YEAR.CO PLANS TO OPEN NEW SHOPS IN FINLAND AND BOSNIA AND HERZEGOVINA IN 2019.  Full Article

LPP Wants 2021 Revenue At 10.5 Bln Zlotys
Wednesday, 13 Jun 2018 

June 13 (Reuters) - LPP SA ::SAYS IN A STATEMENT ISSUED TODAY ITS STRATEGIC GOAL IS INCREASING REVENUE TO 10.5 BILLION ZLOTYS IN 2021.SEES AMONG OTHERS E-COMMERCE AS ITS DRIVING FORCE REACHING 20 PCT OF CO'S TOTAL 2021 REVENUE COMPARED WITH CURRENT 8 PCT .FY 2017 REVENUE WAS OVER 7 BILLION ZLOTYS AND NET PROFIT REACHED 440.9 MILLION ZLOTYS nL8N1QW0QW.  Full Article

LPP FY Net Profit Up At 440.9 Mln Zlotys
Wednesday, 14 Mar 2018 

March 14 (Reuters) - LPP SA ::FY NET PROFIT 440.9 MILLION ZLOTYS VERSUS 174.8 MILLION ZLOTYS YEAR AGO .FY REVENUE 7.03 BILLION ZLOTYS VERSUS 6.02 BILLION ZLOTYS YEAR AGO.FY OPERATING PROFIT 578.4 MILLION ZLOTYS VERSUS 226.4 MILLION ZLOTYS YEAR AGO .FY 2017 GROSS MARGIN AT 52.9 PERCENT, UP 4.2 PERCENTAGE POINTS YEAR-ON-YEAR.FY CAPEX 441 MILLION ZLOTYS, UP 62 PERCENT YEAR-ON-YEAR.FY CAPEX UP DUE TO INVESTMENT EXPENDITURES INCURRED ON DEVELOPMENT OF SHOWROOMS IN POLAND AND ABROAD.AT END-FY 2017 HAD 1,743 STORES VERSUS 1,703 STORES YEAR AGO .AT END-FY 2017 RETAIL SPACE IS AT 1,000.6 SQUARE METRES VERSUS 920.7 SQUARE METRES YEAR AGO.LARGEST SALES GROWTH DYNAMICS WAS RECORDED BY SALES NETWORKS: SINSAY, RESERVED AND MOHITO.IN FEB. LPP REPORTED FY NET PROFIT OF 444 MLN ZLOTYS nEM8Jb9pga.PLANS TO OPEN ABOUT 50 NEW STORES WHICH WILL EXPAND RETAIL SPACE BY ABOUT 10 PERCENT COMPARED WITH 2017.PLANS TO EXPAND ITS ONLINE BUSINESS TO FIVE NEW MARKETS: CROATIA, SLOVENIA, SERBIA, BULGARIA AND UKRAINE IN 2018.PLANT TO ENTER NEW MARKETS THROUGH FRANCHISE IN ISRAEL AND OWN STORES IN SLOVENIA AND KAZAKHSTAN IN 2018.SEES 2018 GROSS MARGIN IN A RANGE OF 54-55 PERCENT.MANAGEMENT PLANS TO PROPOSE FY 2017 DIVIDEND.  Full Article

LPP Prelim Q4 Net Profit At 302 Mln Zlotys
Monday, 19 Feb 2018 

Feb 19 (Reuters) - LPP SA ::REPORTED ON FRIDAY PRELIM. Q4 NET PROFIT OF 302 MILLION ZLOTYS .PRELIM Q4 REVENUE 2.148 BILLION ZLOTYS, UP 16 PCT YOY .PRELIM Q4 OPERATING PROFIT 373 MILLION ZLOTYS VERSUS 199 MILLION ZLOTYS YEAR AGO .  Full Article

LPP Dec. Revenue 893 Million Zlotys, Up 18% YR/YR
Wednesday, 3 Jan 2018 

Jan 3 (Reuters) - LPP SA ::REPORTED ON TUESDAY DECEMBER REVENUE OF ABOUT 893 MILLION ZLOTYS, UP ABOUT 18 PERCENT VERSUS YEAR AGO.FY 2017 REVENUE 7.03 BILLION ZLOTYS, UP ABOUT 17 PERCENT VERSUS YEAR AGO.ESTIMATED GROSS MARGIN IN DECEMBER OF ABOUT 56 PERCENT, UP 20 P.P. VERSUS YEAR AGO.AS OF JAN. 2018 IT WILL STOP PUBLICATION OF MONTHLY SALES REPORTS.  Full Article

BRIEF-LPP Sees Gross Profit Margin At 53-54% In 2019

* SEES CONTINUATION OF DOUBLE-DIGIT REVENUE GROWTH DUE TO FLOORSPACE DEVELOPMENT, POSITIVE LFLS AND E-COMMERCE IN 2019