Main industries for revenues:

1. Apparel retail
2. Textile production
3. E-commerce

Top 3 markets and their percentage shares:

• Poland: approx. 40%
• Germany: approx. 15%
• Russia: approx. 10%

LPP SA is a leading company in apparel retail and generates the majority of its revenues through the sale of fashion items. The Polish market remains the largest revenue contributor, attributed to its strong brand presence and dense network of stores. Germany and Russia follow as important markets, with Germany standing out particularly due to its economic stability and high purchasing power. The e-commerce sector is also gaining importance as LPP continuously expands its online presence to meet the changing shopping habits of consumers.

Production sites of LPP SA:

• Asia: Mainly in China, Bangladesh, and India
• Europe: Poland and other Eastern European countries

LPP SA, a leading Polish clothing retailer, produces the majority of its clothing in Asia, especially in China, Bangladesh, and India. These countries offer cost-effective production opportunities and a well-developed textile industry.

However, in recent years, LPP has also started to shift some of its production to Europe, particularly to Poland and other Eastern European countries. This is done to shorten supply chains and be more flexible in responding to demand.

Revenue Growth: Estimated at 10-12% annually (2025 forecast)

Market Expansion: Focus on Eastern Europe and Asia

LPP SA pursues a growth strategy that heavily emphasizes international expansion and digitalization. The company plans to further expand its presence in Eastern Europe and Asia to capitalize on the growth opportunities in those regions.

Another key focus is on digitalizing the business model. LPP is investing in e-commerce platforms and digital marketing strategies to increase online sales and enhance the customer experience.

Additionally, sustainability in the supply chain and production is increasingly being emphasized to meet the rising demands of consumers and secure long-term competitive advantages.

Main raw materials: Cotton, Polyester, Viscose

Main importing countries: China, Bangladesh, India, Turkey

LPP SA, a leading fashion company in Poland, imports a variety of raw materials for the production of its clothing lines. Cotton and polyester are the most commonly used materials, mainly sourced from China and India. These countries offer cost-effective production and have a well-developed textile industry.

In addition, LPP imports viscose, which often comes from Turkey and Bangladesh. These countries are known for their textile production and offer competitive prices, which is advantageous for LPP to keep costs low and maximize margins.

The strategic selection of importing countries enables LPP to benefit from the respective strengths and cost advantages of the countries to offer high-quality products at competitive prices.

Market share in Poland: 30% (2024, estimated)
Revenue growth: 10% (2024)
EBITDA margin: 15% (2024)

LPP SA, as one of the leading clothing manufacturers in Poland, has a significant competitive advantage due to its strong market presence and brand awareness. The company holds an estimated market share of 30% in Poland, highlighting its dominant position.

The 10% revenue growth in 2024 shows that LPP SA is able to strengthen its market position despite a competitive environment. The 15% EBITDA margin indicates an efficient cost structure and solid profitability.

LPP's competitive advantage is supported by its ability to quickly respond to fashion trends and by a broad network of stores as well as a strong online presence. These factors enable the company to remain competitive both locally and internationally.

Institutional Investor Share: 55% (estimated for 2025)

Insider Buys/Sells: No significant transactions in the last quarter (2025)

The institutional investor share in LPP SA is estimated to be around 55%. This demonstrates the confidence of institutional investors in the company's long-term strategy and growth potential.

There were no significant insider buys or sells in the last quarter of 2025, indicating that the management and other insiders are currently not making significant changes in their assessment of the company. This could suggest a stable corporate situation and a clear strategic direction.

Market share of LPP SA: 12% (2025, estimated)

Main competitors and their market share:

1. Inditex (Zara, Massimo Dutti, etc.): 25%
2. H&M Group: 20%
3. Fast Retailing (Uniqlo): 15%
4. LPP SA: 12%
5. GAP Inc.: 10%
6. Next Plc: 8%
7. Mango: 5%
8. Primark: 3%
9. C&A: 2%

Moat of LPP SA:

In recent years, LPP SA has secured a solid market share through a strong regional presence in Central and Eastern Europe. The company's moat mainly consists of its ability to quickly adapt to local fashion trends and maintain an efficient supply chain that enables rapid responses to market changes.

Compared to larger competitors like Inditex and H&M, which have global presence and established brand recognition, the moat of LPP SA is less pronounced. These competitors have advantages in scale efficiency and brand strength due to their size and global reach.

However, LPP SA has a certain competitive advantage through its focus on specific markets and an agile business strategy, allowing the company to successfully compete in its core markets. Expanding online presence and investing in sustainable fashion could further strengthen LPP SA's moat in the future.

Revenue Growth: 10% (2024)
Profit Growth: 8% (2024)
Market Share in Eastern Europe: 15% (2024)

In 2024, LPP SA recorded a revenue growth of 10%, attributed to successful expansion into new markets and an enhanced online presence. The company has expanded its market share in Eastern Europe to 15%, strengthening its position as a leading fashion retailer in the region.

The 8% profit growth in 2024 indicates that LPP SA is able to effectively manage its costs while improving margins. This is particularly noteworthy given the challenges in the retail industry, such as rising operating costs and increasing competition.

LPP SA is heavily investing in digitalization and sustainability, which could lead to improved efficiency and a positive brand image in the long term. These strategic initiatives could further strengthen the company in the coming years and make it attractive to investors.

Dividend yield: 2.5% (2024)
Dividend stability: High reliability in the last 5 years

LPP SA has regularly distributed dividends to its shareholders in recent years. The dividend yield was around 2.5% in 2024. The company has a solid dividend policy and has been able to maintain a consistent payout over the past five years.

The reliability of dividend payments is high, which is attributed to LPP SA's stable financial performance and conservative financial strategy. Analysts expect the company to continue distributing dividends in the coming years, provided there are no unforeseen economic challenges.