CR 51/2017 Revenues from sales generated by LPP SA Capital Group in November 2017

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

                                                                               
Current report no.: 51/2017

Date: 01.12.2017, 13:20

The Management Board of LPP SA hereby informs that consolidated revenues from sales of LPP SA Capital Group generated in November 2017 totalled about PLN 602 million and were higher about 24% in comparison with the revenues generated in November 2016.

In the period between January and November 2017 consolidated revenues from sales totalled PLN 6 139 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 59% and was lower to gross margin on sales achieved in November in the previous year about 1 percentage point.

The E-commerce revenues from sales in November 2017 totaled about PLN 54.8 mln and were higher about 112% in comparison November 2016. In the period January – November 2017 the E-Commerce revenues from sales totaled about 304 mln PLN and were higher by 107% year over year.

The commercial space of stores was about 968 thousand square meters at the end of November 2017, and was about 6% higher as compared with the commercial space of stores at the end of November 2016.