CR 55/2016 Revenues from sales generated by LPP SA Capital Group in November 2016

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

Current report no.: 55/2016

Date: 01.12.2016; 14:30

The Management Board of LPP SA hereby informs that consolidated revenues from sales of LPP SA Capital Group generated in November 2016 totaled about PLN 485 million and were higher about 13% in comparison with the revenues generated in November 2015.

Estimated gross margin on sales would be 60% and was higher to gross margin on sales achieved in November in the previous year about 5 percentage point.

In the period between January and November 2016 consolidated revenue from sales totaled about PLN 5 265 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 November 2016 totaled about PLN 25.8 mln and were higher about 130% in comparison to November 2015.

In the period January – November 2016 the E-Commerce revenues from sales totaled about 147 mln PLN and were higher by 116% year over year.

The commercial area at the end of November 2016 was about 913 thousand of square meters and was about 9% higher as compared to the end of November 2015.