{
  "id": 8206622,
  "title": "LPP shares surge on strong profit growth, raised full-year targets",
  "url": "https://urgent.news/2026/09/18/lpp-shares-surge-on-strong-profit-growth-raised-full-year-targets",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-18T08:12:07.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/earnings/lpp-shares-surge-on-strong-profit-growth-raised-fullyear-targets-4906802"
  },
  "original_language": "en",
  "account": "LPP shares experienced a significant surge of over 6% on Friday following Poland's premier fashion retailer's impressive financial performance. The company's second-quarter net profit soared by 64% to 768 million zlotys ($202.50 million), propelled by robust revenue growth across both its online and offline platforms. Operating profit followed suit, increasing by 63% to 1.13 billion zlotys, surpassing the company's initial projections. Revenue rose by 18.4% in the quarter, primarily driven by a rise in offline sales. The company's core brand, Sinsay, contributed the majority of this increase.\n\nE-commerce revenue also showed promising growth, expanding by 16.4% year-on-year, aided by the restoration of full logistics capacity in Southeastern Europe, including a recently launched distribution center in Romania. Additionally, the gross margin improved by 3.7 percentage points to 57.7%.\n\nIn response to the company's strong first-half sales growth, LPP decided to raise its targets for the end of 2026. The retailer now anticipates a gross margin of 56.5%-57%, an EBITDA margin between 24.0%-25.0%, and a net profit margin of 10.0%-11.0%. For the longer term, LPP expects revenue to reach 30 billion to 31 billion zlotys in 2027, with a projected gross margin ranging between 55.0% and 56.0%.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}