In the third quarter of 2015 INTERSPORT Polska Network, in effect of reducing expenses on comparable stores and maintaining the growing margin tendency improved its YOY financial result.

In the period from July to September 2015 the Company worked out total net revenue on sales of PLN 53,262 thousand, i.e. 5.7% higher as compared to the same period in the previous year (was: PLN 50,412 thousand).

Due to consistent policy of reducing costs on comparable stores and maintaining a growing margin tendency, INTERSPORT Polska S.A. Network in the third quarter of 2015 improved its financial result by 67% - gross loss amounted to PLN 647 thousand, i.e. PLN 1,317 thousand less as compared to the same period in the previous year (compare to gross loss of PLN 1,964 thousand).

In July 2015 the INTERSPORT Polska Network concluded, on advantageous financial terms, the rental agreement of commercial premises of the area of 758 m2 located at the 'Zielone Arkady' trade and service center in Bydgoszcz. A new store shall be opened on 13 November 2015.

Additionally, in the third quarter of 2015 the Company extended for further 10 years two rental agreements of significant, from the trading point of view, locations. The first one pertains to a 869 m2 store located in Galeria Krakowska, in operation since 2006 and the other one to a store of the area of 1027 m2 operating since 2005 in Silesia Center in Katowice.


Increasingly, after three quarters of 2015 INTERSPORT Polska S.A. Network gained a net revenue on sales of PLN 164,526 thousand, i.e. 0.6% lower as compared to the same period in 2014 (was: PLN 165,551 thousand).
After three quarters of 2015 the Company gained gross profit of PLN 688 thousand whereas in the same period of the previous year it suffered gross loss of PLN 1,866 thousand with EBIDTA on the level of PLN 6,912 thousand, i.e. 53% better on YOY basis (was: PLN 4,512 thousand).


THE MANAGEMENT BOARD OF INTERSPORT Polska S.A.

Cholerzyn, 10 November 2015

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