CR 30/2016 Revenues from sales generated by LPP SA Capital Group in May 2016

Revenues from sales generated by LPP SA Capital Group in May 2016 

Current report no.: 30/2016

Date: 01.06.2016

The Management Board of LPP SA hereby informs that consolidated revenues from sales of LPP SA Capital Group generated in May 2016 totalled about PLN 471 million and were higher about 5% in comparison with the revenues generated in May 2015.

Estimated gross margin on sales would be 53% and was higher to gross margin on sales achieved in May in the previous year about 1 percentage point.

In the period between January and May 2016 consolidated revenues from sales totalled PLN 2 118 million and were higher  about 16% as compared with the revenues generated in the corresponding period in the previous year.

The commercial space of stores was about 864 thousand square meters at the end of May 2016, and was about  12% higher as compared with the commercial space of stores at the end of May 2015.