Dino Polska’s shares climbed more than 5% on Friday after the Warsaw-listed retailer reported first-half revenue growth of 12.5% to PLN 18 billion, driven by aggressive store expansion despite weaker like-for-like sales.
The company, Poland’s largest grocery chain by new store openings, said like-for-like sales rose 2.2% for stores open at least one year in the first half of 2026. The gain was constrained by significant food price deflation, which weighed on comparable performance. Fresh products, including fruit, vegetables, bread and meat sourced from the company’s Agro-Rydzyna meat processing plants, accounted for 41.3% of total revenue.
Dino Polska opened 148 new stores in the first half, expanding its network to 3,176 locations by the end of June, a year-on-year increase of 341 stores. The retailer’s total selling area grew 12.4% to 1.26 million square metres. Capital expenditure reached nearly PLN 1 billion in the period, primarily directed toward network expansion and logistics infrastructure. Over the past five years, cumulative CapEx totaled nearly PLN 7.9 billion.
Employment continued to expand, with the company reporting a total headcount of 58,400 at the end of June. Dino Polska has created more than 30,000 jobs over the past five years.
Sustainability efforts advanced as well, with 3,048 stores—96% of the network—and seven distribution centres equipped with photovoltaic installations totaling 126 megawatts. In the first half of 2026, the solar installations generated 63 gigawatt-hours of energy, up 13% from the same period in 2025.
