DNOPF - Dino Polska: Rural Poland Provides Room For Growth
2024-04-16 16:53:32 ET
Summary
- Dino Polska is a fast-growing Polish food retailer with over 2,400 grocery stores, focusing on rural small towns and the outskirts of larger cities.
- The company's growth strategy is based on expanding its store network, increasing revenue in existing stores, and improving profitability.
- Dino has a proven track record of store network expansion and strong financials, with increasing revenue and stable profitability.
Introduction
Dino Polska S.A. ( OTCPK:DNOPY ) is a Polish food retailer operating over 2,400 grocery stores around Poland. The company operates in the mid-sized supermarket segment and focuses its growth investments on rural small towns or outskirts of larger cities in Poland. Dino has invested significantly in the growth of its store network and currently focuses only on the Polish market. The chain has expanded from 111 stores at the end of 2010 to 2,406 stores as of 31st of December 2023, indicating a strong ability to expand its store network. Growth has been profitable, and Dino has been able to deliver an average EBITDA margin of 9.4% between 2017 and 2023. Dino's market share is estimated to be between 5-10% of the Polish grocery retail market, which indicates that there is still room for growth....
Dino Polska: Rural Poland Provides Room For Growth