LPP SA (WAR:LPP)

zł 17400 140 (0.81%) Market Cap: 32.28 Bil Enterprise Value: 35.09 Bil PE Ratio: 20.10 PB Ratio: 6.86 GF Score: 94/100

Q1 2023 LPP SA Earnings Call Transcript

Jun 15, 2023 / NTS GMT

Release Date Price: zł14150 (+0.43%)

Transcript

Magdalena Kopaczewska

LPP SA - IR & Sustainable Reporting Manager

Hi, hello. Magdalena Kopaczewska, Investor Relations LPP, and Przemyslaw Lutkiewicz, Vice President of the Board LPP. Good morning. We would like to welcome you to our results conference, during which we will talk about our results for the first quarter. We will tell you what interesting events have taken place ever since we saw you last time, and we will tell you about our plans. Towards the end, we will encourage questions from you, as usual, and we will start with event.

I will talk about the collections and trends and then turn the floor over to Przemek. The first quarter of this year marked the debut of the Home products collection in the Reserved brand. The Re Home offer, as we call it, is only available online, which reflects our strategy to offer a wider assortment in the online channel. The collection consists of 3 lines: classic, minimalist and romantic, and most importantly, the products in these lines are designed by our design team and the orders are placed largely with the Polish manufacturers and suppliers.

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