Q3 2019 LPP SA Earnings Presentation Transcript

Nov 19, 2019 / 12:00PM GMT
Presentation
Nov 19, 2019 / 12:00PM GMT

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Corporate Participants
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* Przemyslaw Lutkiewicz
LPP SA - VP of the Management Board & Financial Controller

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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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Przemyslaw Lutkiewicz - LPP SA - VP of the Management Board & Financial Controller

Good afternoon, ladies and gentlemen. This is a conference dedicated to the outcomes of LPP after the 9 months of 2019. We have several important events and to report, but let's start with financials.

So we have the new first slide. Because we have expanded our online presence so much, we had to divide our business into 2 parts. So we have traditional offline business, and we had nearly 1,750 stores. LFLs was positive over 5%. And the floor space grew by nearly over 12%.

We also had our online business, 30 countries covered to nearly 50% growth year-on

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