Over 50 percent margin LPP maintains the target for 2025 and shows the results for the first half of the year

The LPP Group, which after the first half of the year has PLN 10.5 billion in revenues and PLN 801 million in the net profit of the dominant entity, maintains the purpose of achieving revenues in the financial year of approx. PLN 23-24 billion and gross margin in sales in the range of 53-54 percent. – the company said in a semi -annual report.

“Group sales plans for the whole financial year 2025 assume the possibility of achieving revenues of approx. PLN 23-24 billion, with the increase in RDR in the segment of traditional sales (thanks to surface growth and positive LFL) and an increase in the online channel. In 2025 the company assumes an increase in area by approx. 25-30 percent, focusing mainly on the development of Sinsay stores (approx. 1 100)-written in report.

The group is expecting a gross margin on sales in the range of 53-54 percent.

At the same time, LPP assumes the maintenance of the indicator: operating costs for sale in the range of approx. 41-42 percent.

Investment expenditure is planned at PLN 3.1 billion, of which PLN 1.9 billion per shops. At the same time, the company wants to maintain a safe level of debt.

“The group's annual plans are influenced by the results of the 3rd quarter, the beginning of which, i.e. the period from 1/08/2025 to 21.09.2025, showed a positive reception by clients and clients of the autumn/winter 2025 collection, which translated into positive LFL, 24 % increase in online sales and increased sales of the group by 22 % in the percentage of RDR permanent currencies (impact of permanent currencies – 1.5 pp.)” LPP in the report.

The group informed in the presentation that the sale of Omnichannel in the LPP group in the period from August 18 to September 7 increased by 35 percent. RDR in solid currencies. In offline, the increase was 33 percent RDR, and online 40 percent rdr.

In the third quarter, LPP provides about 200-250 openings of new showrooms.

In the second quarter of the 2025/26 467 million PLN, the LPP Group had a net profit of a dominant unit compared to PLN 444 million a year ago. Analysts surveyed by PAP Biznes expected PLN 474 million in profit.

EBITDA amounted to PLN 1,194 million. The PAP Biznes forecast for the corrected EBITDA position assumed an average of PLN 1.2 billion, with a range of PLN 1.17 billion to PLN 1.23 billion.

The group's revenues amounted to PLN 5.55 billion (an increase of 11 % of yaws), and the market expected sales of PLN 5.556 billion.

A year ago, LPP had PLN 5.005 billion in revenues, PLN 611 million EBIT and PLN 1,018 million EBITDA.

LPP stated that the results of the group in the first half of 2025 at the level of other revenues and operating costs were affected by disposable events. In connection with the fire that took place on June 29, 2025 in the warehouse area rented in Romania by LPP Logistics Romania SRL, the Group included in other operational revenues created on the basis of the policy held respect for future compensation for all the estate lost in the fire, i.e. PLN 351 million. At the same time, in the remaining operating costs, it showed PLN 351 million of estimated losses in fixed and current assets, i.e. PLN 58 million for damaged equipment and PLN 293 million for the goods lost in the fire.

In June, the group reduced the sales goal for the financial year 2025/26 to approx. PLN 23-24 billion from approx. PLN 25-26 billion earlier. The group reported that they are expecting a gross margin at sales in the range of 53-54 percent.

Pel/ Ana/