Poland’s LPP fourth-quarter net profit tops expectations

GDANSK, Poland, March 26 (Reuters) – Poland’s ​biggest fashion retailer ‌LPP on Thursday reported ​a fourth-quarter ​net profit that ⁠topped analysts’ ​expectations.
The company, ​whose brands include Reserved and budget ​chain Sinsay, ​posted a quarterly ‌net ⁠profit rise of 58.7% year-on-year to 714 ​million ​zlotys ($193 ⁠million) compared with ​a median ​forecast ⁠of 582 million ⁠zlotys ​in a ​Reuters poll.

Reporting ​by Rafal Nowak

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