CR 38/2016 Revenues from sales generated by LPP SA Capital Group in June 2016

Current report no.: 38/2016

Date: 01.07.2016

The LPP SA Management Board hereby informs that LPP SA Group consolidated revenue from sales in June 2016 totaled in about 556 million PLN and was higher by about 16% in comparison with the revenues generated in June 2015.

Estimated gross margin on sales would be 47% and was lower to gross margin on sales achieved in June in the previous year about 4 percentage point.

In the period between January and June 2016 consolidated revenue from sales totaled in about 2 674 mln PLN and was higher by about 17% as compared with the revenue generated in the corresponding period in the previous year.

The E-commerce revenue from sales in June 2016 totaled in about 17 mln PLN and was higher by about 213% in comparison to June 2015.

In the period January – June 2016 the E-Commerce revenue from sales totaled in about 68 mln PLN and was higher by 93% year over year.

The commercial area at the end of June 2016 was about 870 thousand of square meters and was about 12% higher as compared to the end of June 2015.

The Like-for-Like sales, by the end of second quarter was about 3% and for the period January – June 2016 was about 3,5%.

Art. 56 item 1.1 of the Public Offering Act – confidential information