CR 54/2016 Revenues from sales generated by LPP SA Capital Group in October 2016

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

Current report no.: 54/2016

Date: 02.11.2016; 12:35

The Management Board of LPP SA hereby informs that consolidated revenues from sales of LPP SA Capital Group generated in October 2016 totaled about PLN 614 million and were higher about 24% in comparison with the revenues generated in October 2015.

Estimated gross margin on sales would be 60% and was higher to gross margin on sales achieved in October in the previous year about 1 percentage point.

In the period between January and October 2016 consolidated revenue from sales totaled about PLN 4 780 mln and were higher about 18% as compared with the revenue generated in the corresponding period in the previous year.

The E-commerce revenues from sales in October 2016 totaled about PLN 21.4 mln and were higher about 180% in comparison toOctober 2015.

In the period January – October 2016 the E-Commerce revenues from sales totaled about 121 mln PLN and were higher by 113% year over year.

The commercial area at the end of October 2016 was about 904 thousand of square meters and was about 11% higher as compared to the end of October 2015.