Dino Polska S.A., one of Poland’s fastest-growing retail grocery networks, has just been promoted to WIG20, the index of the top 20 companies listed on the Warsaw Stock Exchange. Dino Polska S.A. will be included in WIG20 as a result of the annual index adjustment decision, that is after the 15 March 2019 session.
Our promotion to this elite group of Poland’s largest listed companies, after less than two years since our IPO on the Warsaw Stock Exchange, is an enormous distinction for us. We owe it to our relentless efforts aimed at putting our development strategy into practice and to the trust that investors keep placing in us. We are very happy that Polish mutual and pension funds, or indirectly millions of Polish citizens, but also retail and foreign investors, see the potential and prospects of Dino Polska S.A. In 2018, we opened a record number of 202 stores in our history. The year 2019 will be another period of continued expansion of our network. The current favorable market environment supported by growing consumption is conducive to our operations, says Szymon Piduch, CEO of Dino Polska S.A.
Dino Polska S.A. has been listed on the Warsaw Stock Exchange’s main floor since 19 April 2017. Its market capitalization has grown by more than 200% since its IPO. To date, the company’s stock has been included in the mWIG40 mid-cap index. Dino Polska’s stock is included in some of the most significant international stock exchange indices published by MSCI and FTSE Russel.
During the last three months, the trading volume in the stock of Dino Polska S.A. on the Warsaw Stock Exchange has been in excess of PLN 1 billion, which translates into an average volume of PLN 17 million per trading session. The Company’s market capitalization as at 28 February 2019 is PLN 10.5 billion.
More information regarding Dino Polska S.A.:
Dino is a nationwide network of medium-sized supermarkets located in close proximity to where customers live. Its grocery stores are open every day (except for non-trade Sundays) from 6:00 a.m. to 11:00 p.m.1. The Dino network is one of the fastest growing retail grocery trade networks in Poland. At the end of September 2020 it consisted of 1,371 stores across Poland.
The Dino Group’s business model blends the advantages offered by the format of conveniently-located mid-sized supermarkets with the capability of rapidly opening new stores and offering an attractive assortment primarily entailing attractively-priced branded and fresh products.
Dino stores offer customers approximately 5 thousand stock keeping units (SKUs). Most of the SKUs are either fresh products or branded products, including a full range of groceries, household chemicals and cosmetics as well as small household articles and appliances. Every Dino store has a staffed meat counter, with the Agro-Rydzyna meat processing plant supplying high quality meat and cold cuts.
The Dino Group’s logistics network consists of five distribution centers located in Krotoszyn, Jastrowie, Wolbórz, Rzeszotary and Łobez. Its geographic range makes it possible to deliver fresh products to all of the stores in Dino’s network every day of the week.
At the end of September 2020 the Dino Group had 24.1 thousand employees.
The Company has been listed on the main floor of the Warsaw Stock Exchange since April 2017. Dino Polska S.A. is majority-owned by Polish capital.
1 Some stores are open for less than the standard working hours in connection with aligning their operation to local regulations.