LPP on the podium in the 25th edition of the Listed Company of the Year ranking
LPP was awarded two prizes in this year’s edition of the Listed Company of the Year competition, taking first place in the categories: management board competence and investor relations. As a result, the company was placed third in the main ranking. The jury composed of analysts and market experts appreciated the company’s commitment to communicating with the market and the development strategy pursued by the management board. The 25th anniversary edition of the ranking, in addition to the award gala, was crowned by a debate entitled “Let’s give the stock market a chance” on the future of the capital market, which was attended by Przemysław Lutkiewicz, vice-president of LPP.
Listed Company of the Year is the oldest and most prestigious ranking on the Polish capital market. It identifies companies which in terms of their management boards, products, services or corporate culture are among the national leaders and maintain the highest standards of communication with investors. Every year, the selection of the best companies is made by a group of 100 stock market experts – analysts, investment and management advisors representing brokerage houses and offices, pension and investment funds. The experts evaluate companies in each of five categories: management board competence, investor relations, products and services innovation, growth prospects, and success of the year. On the basis of evaluations from all five categories, the main ranking – Listed Company of the Year – is created.
In the 25th edition of the competition, LPP once again secured its place on the podium of the ranking, taking third place in the general classification and winning in two categories: investor relations and management board competence, in the latter of which it scored 97.1 points out of a possible 100. The company regularly secures top spots of the ranking, and has won it three times in the history of the ranking spanning over 25 years.
In addition to the award gala, the anniversary edition of the ranking was crowned by a debate entitled “Let’s give the stock market a chance” on the future of the capital market, which took place on 11 March 2024 in the Quotation Room of the Warsaw Stock Exchange. The discussion was attended by representatives of the key institutions of the stock market in Poland, such as the WSE, IZFiA, KDPW, as well as Andrzej Domański – the Minister of Finance – and Przemysław Lutkiewicz, vice-president of LPP.
Photos: Puls Biznesu
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LPP is a Polish family business and one of the fastest growing clothing companies in the region of Central Europe. For 30 years, it has been successfully operating in Poland and abroad, based on a chain of over 2000 stores located in nearly 30 countries, including such prestigious capitals as London, Helsinki or Tel Aviv. The group’s total commercial area is 1.9 million m2. LPP manages five fashion brands: Reserved, Cropp, House, Mohito, and Sinsay, whose offer is now available also in the online channel. LPP also plays an important role as it employs nearly 30 thousand people in its offices and sales structures in Poland, Europe, Asia, and Africa. The company is listed on the Warsaw Stock Exchange in the WIG20 index and belongs to the prestigious MSCI Poland index.