Listed fashion retailer LPP has reduced its 2017 capex plan to PLN 375 mln from PLN 430 mln expected before, while floor space growth is now expected at 10% versus 11% planned earlier, group's earnings presentation shows.
LPP still expects its gross profit margin to reach 52-53% in 2017, the presentation reads.
Of the total capex sum, PLN 340 mln will go to store base, the company said. Earlier plans assumed PLN 370 mln to be spent on stores.
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Źródło:PAP Biznes
