CR 31/2017 Revenues from sales generated by LPP SA Capital Group in July 2017

Revenues from sales generated by LPP SA Capital Group in July 2017    

Current report no.: 31/2017

Date: 01.08.2017, 10:56

The Management Board of LPP SA hereby informs that consolidated revenues from sales of LPP SA Capital Group generated in July 2017 totalled about PLN 651 million and were higher about 22% in comparison with the revenues generated in July 2016.

In the period between January and July 2017 consolidated revenues from sales totalled PLN 3 720 million and were higher about 16% as compared with the revenues generated in the corresponding period in the previous year.

Estimated gross margin on sales would be 36% and was lower to gross margin on sales achieved in July in the previous year about 2 percentage point.

The E-commerce revenues from sales in July 2017 totaled about PLN 28,2 mln and were higher about 188% in comparison to July 2016. In the period January – July 2017 the E-Commerce revenues from sales totaled about 164 mln PLN and were higher by 110% year over year.

The commercial space of stores was about 927 thousand square meters at the end of July 2017, and was about 6% higher as compared with the commercial space of stores at the end of July 2016.