WSE-listed retailer LLP Group improved its earnings in the third quarter of 2012. According to Adam Kaptur of Millenium Bank, LPP’s third-quarter performance surpassed market expectations. The company posted PLN 844m in revenues as well as a 55-percent increase in net profits. LPP’s operating profits also increased by 47 percent during the third quarter.
The shoe company NG2 also posted high third-quarter results, reporting PLN 298m in revenues, a 23-percent increase y-o-y. According to Kaptur, the outlook for the company remains positive.
