CCC GPW Periodic report · PAP Biznes
Modivo SA (CCC) · Q1 2026 results
Share price: 112.40 zł · 2026-11-10
Results Q1 2026 vs Q1 2025 · year over year · published 11 Jun 2026 and 12 Jun 2025
Net income down 74.1% year on year. The report's language is unchanged.
Only a basic analysis is available for this company at the moment.
1 · Numbers
−74.1%
Net income vs Q1 2025
Net income 24.1M vs 93.2M
Revenue +4.0%
Why Net income fell primarily due to the inclusion of a cost related to the valuation of the incentive program.
2 · How the report reads
Unchanged
Language tone vs last period
Report language: typical for a company report — about as upbeat as in Q1 2025.
Weak signal: formal report language, not a call.
3 · What stood out
Key theme
The acquisition of a controlling stake in Worldbox aims to develop the Worldbox network and diversify MODIVO's product offering, with the final…
Read between the lines
No major shifts flagged this period.
Tone
How upbeat the language was, compared with other companiesiTone counts positive minus negative finance words, adjusted for length. Executives mostly speak positively, so the labels compare each call with every company's latest call: “typical” is the middle third, “very upbeat” the top tenth, “cautious” the bottom tenth.. Dot: Q1 2026. Ring: Q1 2025.
Typical for a company report — about as upbeat as in Q1 2025. Periodic reports carry legally required risk wording, so their tone moves little and is a weak signal.
Sentences that drove the tone
“The main catalyst for the Group's revenue growth over the coming years will be the dynamic development of the off-price segment, as well as the growth of offline sales in other formats, driven by an increase in retail space.”
“Inflation and implied increase in operating costs (increase in the range of 2.5 pp-5.0 pp relative to base assumptions);”
“Net profit (loss) margin is calculated as the ratio of net profit (loss) to sales revenue.”
Full figures
PLN · PAP Biznes report (2026-06-11)
| Metric | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | 2.44B | 2.35B | +4.0% |
| Gross profit | 1.27B | 1.18B | +7.6% |
| Net income | 24.1M | 93.2M | −74.1% |
| EPS | 0.11 | -50.50 | Turned profit |
| P/E | — | — | — |
Topics
Topics are drawn from the full report text, not management commentary.
Most discussed now
- The financial statements were prepared under the assumption of the Group's ability to continue its business activities in the foreseeable…
- This change results from the modification and addition of new contracts in the amount of 152.3 million PLN, as well as the impact of…
- The total debt ratio is calculated as the ratio of debt from long-term and short-term loans and bonds to total assets.
- CCC) as well as brands enjoying high popularity (primarily CCC, growing share in eobuwie/MODIVO, HalfPrice and worldbox)
- The Group also uses currency hedging instruments in relation to USD.
Faded since Q1 2025
- Fading Due to the assessment of the borrower's credit risk, receivables from loans to an affiliated entity were covered by an impairment allowance…
- Fading Trading point and sales costs decreased by 14.2 million PLN (1.5%) compared to the same period last year.
- Fading In the years 2020 – 2021, sales seasonality was disrupted due to the effects of the global coronavirus pandemic.
- Fading Within the segment, sales of footwear, handbags, footwear care accessories, and small leather goods are conducted through stores.