Profil:
CCC SAUDPATE: CCC footwear estimates PLN 481 mln EBITDA in Q2 2025, above market expectations
Listed footwear and clothing group CCC estimates that it had an EBITDA of PLN 481 million (EUR 112.8 mln) in the second quarter of 2025 against market expectations of PLN 475.3 million (EUR 111.5 mln), CCC said in a market filing.
The group's revenue increased by 11 percent year on year in the second quarter to PLN 2.88 billion (EUR 675.6 mln), while analysts had expected PLN 2.80 billion (EUR 656.9 mln).
A year ago, CCC had PLN 263 million (EUR 61.7 mln) in operating profit, and EBITDA amounted to PLN 407 million (EUR 95.5 mln). Adjusted EBITDA amounted to PLN 388 million (EUR 91 mln).
As reported, each of the group's business lines recorded better year-on-year sales - HalfPrice by 22 percent, CCC by 16 percent and Modivo Group by 2 percent.
According to the company's estimates, the gross margin on sales in the second quarter fell by 0.8 percentage points year-on-year to 48.7 percent.
"We are facing the third quarter, which is crucial for the results of the entire year, and we are very well-prepared for it, especially in terms of products. In line with our assumptions, the share of high-margin licensed brands in the group's offer will continue to grow, which will have a positive impact on its profitability. In addition, we have accelerated deliveries of the new collection to get the autumn/winter season off to a good start, including the very important Back To School sales period," said Dariusz Milek, CEO of the CCC Group, quoted in a press release.
As indicated by the CEO, the group has already fulfilled its opening plan for the next year. The CCC Group has signed agreements to launch at least 280,000 square metres of new space.
In the second quarter, the CCC Group's gross margin remained at a similar level of 49 percent year on year. The group consistently maintains cost discipline in all business lines.
It was pointed out that despite the dynamic growth of the business, the cost-to-revenue ratio decreased for the eighth consecutive time year-on-year (by nearly 2 percentage points). The Modivo Group recorded a particularly noticeable improvement, with a ratio lower by 5 percentage points year on year, which, as indicated, is the result of extensive integration and maximum utilisation of synergies with the CCC Group.
PLN mln
| 2Q2025 | results | consensus | difference | y/y | q/q | YTD 2025 | y/y |
| Revnues | 2884.0 | 2798.4 | 3.1% | 11.4% | 22.9% | 5230.0 | 7.8% |
| EBITDA | 481.0 | 475.3 | 1.2% | 18.2% | 27.6% | 858.0 | 21.3% |
| EBIT | 313.0 | 307.7 | 1.7% | 19.2% | 45.2% | 528.5 | 27.9% |
| EBITDA margin | 16.7% | 17.0% | -0.30 | 0.96 | 0.61 | 16.41% | 1.82 |
| EBIT margin | 10.9% | 11.0% | -0.14 | 0.71 | 1.67 | 10.11% | 1.59 |
gaw/ nl/