Dino Polska Sa · GPW:DNP
Dino Polska Sa — Q1 2026 Earnings Presentation
13 slides from Dino Polska Sa's earnings presentation, May 14, 2026
Slide 1: 1Q 2026 Financial results
1Q 2026 Financial results 14th May 2026
Slide 2: Disclaimer
Disclaimer Neither this presentation (the “Presentation”) nor any copy of it nor the information contained herein being issued, and nor may this Presentation nor any copy of it nor the information contained herein be distributed directly or indirectly to or into, the United States, Canada, Australia
Slide 3: Our achievements in 1Q 2026
Our achievements in 1Q 2026 +62 new stores +13.0% net sales area y-o-y (+58 in 1Q 2025) (+12.9% at end of 1Q 2025 y-o-y) +14.8% sales y-o-y +4.4% LFL y-o-y (+10.2% in 1Q 2025 y-o-y) (+0.5% in 1Q 2025 y-o-y) +6.1% EBITDA y-o-y -0.5 pp EBITDA margin y-o-y (+8.2% in 1Q 2025 y-o-y) (-0.1 pp in 1Q 2025 y
Slide 4: Network expansion – higher number of stores and geographic composition
Network expansion – higher number of stores and geographic composition Network expansion to date Regional coverage Stores per 100k inhabitants as of March 31, 2026 (in brackets as of March 31, 2025) Net sales area (’000 m2) 258 295 376 472 573 710 848 948 1,061 1,200 1,225 5.4 No. of stores (4.5) 9.
Slide 5: Investments in renewable energy sources
Investments in renewable energy sources Solar energy is powering Dino stores (recap of 1Q 2026) Dino stores are equipped with their 2,918 own photovoltaic installations (+62 in 1Q 2026) 121 MW total capacity of the PV panels on Dino stores (+17% y-o-y) of electricity generated by Dino 16.3 GWh from
Slide 6: LFL sales growth
LFL sales growth Inflation Rate in Poland 2.8 2.5 4.5 4.8 4.9 4.1 3.0 2.5 2.4 Sales mix Product split by revenue (1Q 2026) LFL sales growth Non-food 11.9% 11.7% 12% Fresh food 10% 42.4% 8.8% 8% 6.4% 6% 4.4% 4.4% Other 6.1% 5.3% 3.7% food1 4% 4.8% 4.6% 45.9% 2.0% 4.0% 2% 2.6% 0.5% 2.8% 1.8% 2.3% 2.3%
Slide 7: High revenue growth
High revenue growth Revenues (PLNm) +14.8% y-o-y 33,634 8,623 8,761 8,896 8,439 29,274 7,354 25,666 1Q 2025 2Q 2025 3Q 2025 4Q 2025 1Q 2026 2023 2024 2025 Source: Company financial statements (1) Base year: 2022 7 7
Slide 8: EBITDA result
EBITDA result EBITDA margin 8.7% 7.9% 7.6% 8.6% 7.2% 7.5% 6.9% 6.7% +6.1% y-o-y (EBITDA PLNm) 750.0 2,546 2,233 2,318 650.5 127.9 613.5 505 564.9 357 409 532.3 122.8 136.2 118.2 145.7 622.1 1,908 2,041 527.7 1,876 477.3 419.2 414.1 1Q 2Q 3Q 4Q 1Q 2023 2024 2025 2025 2025 2025 2025 2026 EBIT D&A EBIT
Slide 9: 1Q 2026: EBITDA bridge
1Q 2026: EBITDA bridge (PLNm) 7.2% 6.7% + PLN 32.7 million +6.1% 61.1 118.2 145.7 28.2 10.2 13.5 4.1 532.3 564.9 414.1 419.2 1Q 2025 1Q 2025 1Q 2025 Δ Sale Δ Cost Δ Sales & Δ G&A Δ Other 1Q 2026 1Q 2026 1Q 2026 EBITDA D&A EBIT at a constant of sales marketing operating EBIT D&A EBITDA margin costs i
Slide 10: Operating cash flow
Operating cash flow Capex2 OCF structure (PLNm) (PLNm) 53% 69% 82% 97% 73% 2 557 2 697 496 646 1 772 505 357 409 2,087 1,605 1,173 1,739 1,794 1,927 95 7 516 118 146 410 386 390 ( 177) ( 292) ( 231) ( 374) 2023 2024 2025 1Q 2025 1Q 2026 ( 418) ( 147) ( 67) ( 79) Capex Capex as % of EBITDA 2023 2024
Slide 11: Balance sheet
Balance sheet Net debt/EBITDA(1) Interest coverage ratio(2) 0.4x 16.6x 16.8x 15.7x 0.3x 12.7x 0.1x 0.1x -0.1x 2023 2024 2025 1Q 2025 1Q 2026 2023 2024 2025 1Q 2026 Source: Company financial statements (1) Net debt to EBITDA defined as net debt divided by EBITDA for the last twelve months (2) Interes
Slide 12: Strategy update
Strategy update 1 Organic store roll-out 1Q: 3,094 3,033 stores 2,688 stores (62 2,406 stores 2,156 stores (345 openings) 1,815 stores (283 openings) 1,473 stores (250 openings) 1,218 (344 openings) 977 stores (343 openings) 775 stores (255 stores openings) stores (243 (202 openings) openings) (147
Slide 13: Contact information
Contact information Grzegorz Uraziński Head of Investor Relations grzegorz.urazinski@marketdino.pl +48 695 234 561 ul. Ostrowska 122 63-700 Krotoszyn Poland http://grupadino.pl 13