Modivo SaGPW: MDV

MDV: Revenue up 7.8% year-over-year, but net profit down 37% amid expansion and higher costs

· Issued by Modivo SA

Revenue grew 7.8% year-over-year to PLN 8.2bn, driven by omnichannel expansion, but net profit fell to PLN 291.9m due to higher costs and lower margins. Key developments included a major share issue, full MODIVO ownership, and rapid store growth.

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