CR 44/2016 Revenues from sales generated by LPP SA Capital Group in August 2016

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

Current report no.: 44/2016

Date: 01.09.2016; 14:45

The Management Board of LPP SA hereby informs that consolidated revenues from sales of LPP SA Capital Group generated in August 2016 totaled about PLN 495 million and were higher about 15% in comparison with the revenues generated in August 2015.

Estimated gross margin on sales would be 45% and was lower to gross margin on sales achieved in August in the previous year about 8 percentage point.

In the period between January and August 2016 consolidated revenue from sales totaled about PLN 3 707 mln and were higher about 17% as compared with the revenue generated in the corresponding period in the previous year.

The E-commerce revenues from sales in August 2016 totaled about PLN 10.1 mln and were higher about 130% in comparison to August 2015.

In the period January – August 2016 the E-Commerce revenues from sales totaled about 88 mln PLN and were higher by 103% year over year.

The commercial area at the end of August 2016 was about 876 thousand of square meters and was about 12% higher as compared to the end of August 2015.