Modivo Q3 Core Profit Jumps 48% to 450 Million Zlotys
Polish retailer Modivo said preliminary third-quarter adjusted EBITDA rose 48% to 450 million zlotys, helped by strong offline sales and higher margins.
Polish footwear and fashion retailer Modivo GPW:MDV reported on Friday a 48% rise in preliminary third-quarter core profit, helped by strong offline sales and higher margins.Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) rose to 450 million zlotys ($114 million).•…