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Dino Polska slumps as Q2 comes below the lowest of forecasts



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** Shares in Dino Polska DNP.WA slump about 13% after the Polish food retailer missed Q2 earnings expectations

** Its Q2 EBITDA at 521 million zlotys and net profit at 348 million zlotys miss Reuters poll of 574.9 million zlotys and 362.1 million zlotys respectively

** Krzysztof Kawa from Erste Group says Dino was expected to report "rather disappointing" results after Jeronimo Martins' JMT.LS Biedronka figures, but its performance "came below even the lowest forecast"

** Trigon analyst Grzegorz Kujawski also flags results "well below consensus and our forecasts"

** Shares are on track for their worst day since in about 4 years and 5 months, if losses persist, and touches its lowest price in about 22 months

** Including Friday's fall, the stock has dropped by about 35% YTD

** Dino sits at the bottom of Polish blue-chip index WIG20 .WIG20



Reporting by Julia Kotowska and Olga Sawczuk

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