Dino Q4 20 Conference Call Notes - Solid Q4 and confident outlook by management
Dino beat of PAP consensus on EBITDA by 4.4% and by 7.1% on the bottom lineEBITDA grew by a steep 42.6% yoy while the EBITDA margin expanded by 1.0%p yoy
Lfl sales growth improved by 11.4% vs. 12.4% in 3Q 20
Upbeat message of continued +20% yoy network roll-out and potential for EBITDA margin expansion from management on conference call
Dino Polska is engaged in the business of retail sale in non-specialized stores with food, beverages and tobacco. In addition, Co. conducts processing of meats and the resulting products are dedicated, in the form of culinary meat, to external recipients within Co.'s retail chain. As of December 31, 2016, Co. operated a network of 628 Dino stores.
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