LPP plans to increase logistics space by almost 50% in the years 2024-2025

LPP plans an increase in logistics space by almost 50% in the years 2024-2025, the company said. Investment expenditures on logistics are to be approx. PLN 200 million in 2024 and approx. PLN 250 million in 2025.

The expansion of the Distribution Centre in Brześci Kujawski by another 85,000 m2.

Launch of a new e-commerce magazine in Poland Mon. - an additional 100,000 m2.

The launch of an additional e-commerce magazine in Romania with an area of 40,000 m2" - we read in the result presentation.

At the end of 2025, the total logistics area will be 700,000 m2, also given.

LPP manages the fashion brands Reserved, Cropp, House, Mohito and Sinsay. The company has been listed on the Warsaw Stock Exchange since 2001; it is part of the WIG20 index. In the financial year 2023/2024 (February 2023 - January 2024), the company had PLN 17.4 billion of consolidated revenues.

Source: LPP and ISBnews