- Zabka full-year results due March 24
- Adjusted EBITDA seen at 984 mln zlotys
GDANSK, March 21 (Reuters) - Polish convenience store chain Zabka is expected to report an 18% increase in fourth-quarter adjusted EBITDA at 984 million zlotys ($254.20 million), a Reuters poll showed on Friday.
Zabka is expected to report revenues of 5.95 billion zlotys, an increase from 5.04 billion zlotys a year ago, driven by organic growth and the expansion of its store network.
Analysts from five banks and brokerages on average expect Zabka to report fourth-quarter net profit of 262 million zlotys, up from 209 million zlotys in the same period last year.
Preliminary figures published by the company on January 17 showed like-for-like (LFL) sales growth for 2024 was 8.3%, driven by higher volumes and basket value throughout the year.
Full-year results are due on March 24.
The group made its debut on the Warsaw Stock Exchange in October 2024 with a 6.45-billion-zloty IPO, and following the trading session on March 21, joined Poland's blue-chip index, the WIG20.
The following table summarises analysts' forecasts for Zabka for the fourth quarter of 2024:
(Figures in millions of zlotys unless stated otherwise)
|
NET PROFIT |
ADJ.EBITDA |
REVENUE |
EBIT |
|
|
Average |
262 |
984 |
5945 |
514 |
|
Median |
243 |
985 |
5943 |
514 |
|
Lowest |
187 |
979 |
5908 |
508 |
|
Highest |
366 |
988 |
6001 |
520 |
|
No. of forecasts |
5 |
4 |
5 |
4 |
|
Q4 2023 |
209 |
836 |
5035 |
418 |
|
Q3 2024 |
319 |
1119 |
6578 |
664 |
Forecasts provided by: Trigon, Pekao, mBank, Santander Bank, BDM
($1 = 3.8709 zlotys)
Reporting by Julia Kotowska; Editing by Shreya Biswas
Source: Reuters