LPP published its 4Q19/20 preliminary results (4 months) with revenues of PLN 3,495m (in line with our estimates) and EBIT of PLN 412m (in line with our estimates). The company is due to publish its full 2019/20 results on 29 April 2020. Below please find key takeaways:
LPP SA Gdansk is clothing manufacturing group based in Poland. Co. is engaged in the design and distribution of clothing. Co.'s headquarters is located in Gdan'sk, including designing resources for all its brands. Co.'s stores offer its customer products that include jackets, shirts, sweaters, dresses, skirts, trousers, jeans, underwear and garment products. Co. also sells promotion clothing under a special selected brand. Co.'s product offering is addressed to a variety of customers for whom separate brands and chain stores are set up. Co. launches clothing under such brand names as: RESERVED, CROPP, MOHITO, HOUSE, and PROMOSTARS.
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