Lpp Sa Uns/Adr (LPPSY) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, Monika Wszeborowska. I would like to welcome you at the conference, LPP conference on the results of the first quarter. With me there is Marcin Bujko, CFO and Magdalena Kopaczewska, investor relations representative. We presented the results from the first quarter. how they reflect the reality in our activity. We will talk about it in a moment. We would like to present to you our plans for this year, but also we would like to refer to our plans for the next three years regarding our development, development of our stationary network. During this meeting, we would like to present to you our financial goals for 2026 and 2027, and the entire meeting will end with Q&A. You can ask questions via chat that is visible on your screens. It's already active. and it will be active till the end of today's conference. After the conference, if you have any additional issues or questions, please contact our investor relations department at lpp.relationslpp.com or via our media lpp.com. So let's move on to the results from the first quarter. Thank you. Traditionally, the summary of the first quarter. Let's start with the most important operational events. In the first quarter of 26, we opened 121 new stores, 102 in Sensei brand, according to our plans for this time. At the same time, we spent over 600 million zloty for investment within the first quarter. Close to 3 million was allocated for logistics. This year... It's not going to be a record-breaking year, but constantly we've been investing in the area that is most profitable for us, a good return on investment, and in the next quarters that will be visible. At the same time, our comfortable financial standing, very good EBITDA 1.2 net debt relative to EBITDA makes it possible for us to invest in CapEx and share ...