Half Year 2019 LPP SA Earnings Presentation Transcript



Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

LPPP.WA - LPP SA
Half Year 2019 LPP SA Earnings Presentation
Sep 12, 2019 / 10:30AM GMT

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Conference Call Participants
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* Maria Mickiewicz
Pekao Investment Banking S.A. - Deputy Head of Equity Research

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Presentation
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Unidentified Company Representative [1]
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Ladies and gentlemen, let's start our conference. Welcome to the conference dedicated to the results after the first 6 months of 2019. Well, the second quarter was difficult, but our results are good, satisfactory.

Let's start with big numbers. Plus 11.3% of group revenues, thanks to LFLs. LFLs grew by 5.7%. In addition, we have a dynamic growth of e-commerce, over 40%. We added 10% of new floor space. Now let's take a look at the map that you are familiar with already.

We've opened new stores in Bosnia and Herzegovina in
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