date:Jul 30, 2014
rong food deflation will impact profitability for the year, it said, but without providing forecasts for profit or sales.
Net profit at the company, which is the largest food retailer in Poland and the second-largest at home, fell to 83 million euros ($111 million) in the second quarter, while earnings before interest, taxes, depreciation and amortization (EBITDA) were flat at 183 million euros.
Analysts had forecast, on average, a net profit of 87 million euros and EBITDA of 188 million.
Tot