LPP fashion shares rise sharply while WIG20 posts modest gains

Listed fashion retail company LPP's share price rises by 6.4 percent with high turnover. At the same time, blue-cip index WIG20 rises by 0.5 percent.

Turnover on LPP shares amounts to PLN 59 mln, while turnover on shares of all companies listed on WIG20 amounts to PLN 82.9 mln.

The group expects revenues of approximately PLN 28-29 bln in the 2026 financial year, with a gross sales margin in the range of 54-54.5 percent.

LPP sees no reason to change its dividend policy after making a write-down on its Russian company.

pam/ nl/ tom/