Dino Polska S.A., one of the fastest-growing retail grocery networks in Poland, is slated to join the MSCI Emerging Markets Index (MSCI EM). It will be incorporated in the MSCI EM Index following the session held on 30 November 2017.
MSCI Inc., the company that has been computing and publishing the MSCI Emerging Markets (MSCI EM) Index since 1988 issued an announcement on 13 November 2017 that Dino Polska S.A. will join the composition of this index during its next reshuffling.
MSCI EM is the largest index in the world forming a benchmark for equity investors who invest approximately 1.5 trillion US dollars on emerging markets. Large and medium-sized companies from 24 countries are in the MSCI EM index.
Dino Polska S.A. will be added to the portfolio forming the MSCI EM index following the session held on 30 November 2017. It has been listed on the Warsaw Stock Exchange’s main floor (in the WIG and mWIG40 indices) since 19 April 2017. Its market capitalization has grown by more than 90% since its IPO. Its market capitalization is PLN 6.3 billion as at 13 November 2017. Its average daily trading volume in PLN during the last three months is nearly PLN 12 million.
“We are thrilled that Dino is slated to join the reputable MSCI Emerging Markets Index. It forms a benchmark for global financial institutions. In turn, it is an enormous distinction for us to become part of such an elite group. Our network is rapidly growing its sales volume and opening new stores. The positive trends that are observable this year on the consumer market portend more good months to come”, says Szymon Piduch, CEO of Dino Polska S.A.
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.