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Dino Polska shares rise 5% as store growth offsets weak sales

Poland’s largest grocery chain reports 12.5% revenue growth in H1 2026 despite 2.2% like-for-like sales increase and food price deflation. Shares advance on expansion plans.

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Priya Anand · Equities & Earnings Desk · 23 Aug 2026 · 05:28 · 1 min read
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Dino Polska shares rise 5% as store growth offsets weak sales

Shares of Dino Polska, Poland’s largest grocery chain by store openings, rose over 5% on Friday after the retailer reported first-half revenue growth of 12.5% to PLN 18 billion, offsetting weak like-for-like sales and food price deflation.

Like-for-like sales at stores open for at least one year increased 2.2%, a figure described as subdued amid broader food price declines. The company attributed the modest comparable growth to deflationary pressures in the sector. Despite the slowdown, Dino Polska expanded its store network by 148 locations in the first half of 2026, bringing the total to 3,176 stores and increasing its total selling area by 12.4% year-on-year to 1.26 million square metres.

Capital expenditure reached nearly PLN 1 billion in the first six months, primarily directed toward network expansion and logistics infrastructure. Over the past five years, cumulative CapEx totaled nearly PLN 7.9 billion. The company operates 3,048 stores with photovoltaic installations, covering 96% of its network, alongside seven distribution centres. Combined solar capacity stands at 126 megawatts, generating 63 gigawatt-hours of energy in H1 2026, a 13% increase from the same period in 2025.

Fresh products, including fruit, vegetables, bread, and meat from the company’s Agro-Rydzyna processing plants, accounted for 41.3% of total revenue. Dino Polska also reported a workforce of 58,400 employees, having created more than 30,000 jobs over the past five years. The company remains Poland’s leading retailer by investment value and job creation, reinforcing its position as a key player in the domestic grocery sector.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Priya Anand
Equities & Earnings Desk

Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.

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