April 4, 2018 / 5:20 AM / 4 months ago

BRIEF-LPP Posts Q1 Negative EBIT At 115 Million Zlotys

April 4 (Reuters) - LPP SA:

* SAID ON TUESDAY THAT ITS Q1 NEGATIVE EBIT WAS 115 MILLION ZLOTYS, VERSUS NEGATIVE EBIT OF 109 MILLION ZLOTYS YEAR ON YEAR

* Q1 REVENUE WAS 1.58 BILLION ZLOTYS, UP 16 PERCENT YEAR ON YEAR

* LIKE-FOR-LIKE SALES WERE UP 9.2 PERCENT YEAR ON YEAR AND THE RETAIL SPACE WAS UP BY 9.5 PERCENT AT 1 MILLION SQUARE METERS AT THE END OF Q1

* SG&A IN Q1 RISES BY 13.3 PERCENT TO 815 MILLION ZLOTYS

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Further company coverage: (Gdynia Newsroom)

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