CR 43/2017 Revenues from sales generated by LPP SA Capital Group in September 2017

Revenues from sales generated by LPP SA Capital Group in September 2017                                                                                           
Current report no.: 43/2017

Date: 02.10.2017, 11:09

The Management Board of LPP SA hereby informs that consolidated revenues from sales of LPP SA Capital Group generated in September 2017 totalled about PLN 611 million and were higher about 34% in comparison with the revenues generated in September 2016.

In the period between January and September 2017 consolidated revenues from sales totalled PLN 4 887 million and were higher about 17% as compared with the revenues generated in the corresponding period in the previous year.

Estimated gross margin on sales would be 62% and was higher to gross margin on sales achieved in September in the previous year about 3 percentage point.

The E-commerce revenues from sales in September 2017 totaled about PLN 26,2 mln and were higher about 126% in comparison to September 2016. In the period January – September 2017 the E-Commerce revenues from sales totaled about 212,4 mln PLN and were higher by 113% year over year.

The commercial space of stores was about 939 thousand square meters at the end of September 2017, and was about 6% higher as compared with the commercial space of stores at the end of September 2016.