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Reuters Published
April 3,Wasm快排实现 2025
Poland's biggest fashion retailer aims to double its revenue to 40 billion zlotys ($10.56 billion) by 2027, driven by the rapid expansion of budget brand Sinsay and its omnichannel strategy, it said on Thursday.
"In three years we assume the company will be twice as big," CEO Marek Piechocki said during a press conference.
Under LPP's new three year strategy through 2027, Sinsay is set to account for 75% of the group's total sales, it said.
The Gdansk-based retailer aims to expand its store network to around 7,500 outlets by the end of 2027, with Sinsay stores making up around 6,000 of those, and to increase e-commerce sales to 10 billion zlotys in the same period.
"As in previous years, the company intends to consistently pursue its policy of sharing the profit generated with its shareholders," LPP said, indicating plans to maintain its dividend payouts.
The management recommended a dividend of 660 zlotys per share to be paid for the 2025 financial year.
The company also aims to double its core earnings (EBITDA) by 2027, compared to last year's 3.67 billion zlotys, while keeping its debt levels safe, it said.
LPP's revenue rose by 20% to 20.19 billion zlotys in 2025.