Business
MDV: Revenue up 6.5% to PLN 10.9bn, but net loss of PLN 41.4m amid margin and cost pressures
MDV: Revenue up 6.5% to PLN 10.9bn, but net loss of PLN 41.4m amid margin and cost pressures
About this update from Modivo Sa
Revenue grew 6.5% year-over-year to PLN 10.9bn, driven by retail expansion and licensed brands, but net loss reached PLN 41.4m due to margin pressure and one-off costs. Off-price and e-commerce segments expanded, with strong progress on sustainability and no covenant breaches.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.