Announcement.

REDAN SA (32/2017) Initial sales information for the Redan Group in September 2017.

Management Board of Redan S.A. informs that: Estimated value of consolidated revenues from the sale of goods realized by the Redan Group in September 2017 amounted to approx. PLN 53 million and was 9% higher compared to those achieved in the same period of the previous year. On a growing basis, sales of the Redan Capital Group amounted to approximately PLN 427 million and were lower by approx. 0.4% compared to sales achieved in the same period of the previous year. The total sales network of the Redan Group at the end of September amounted to 142, 4 thousand m2, which means an increase of 9% in relation to September 2016. Discount segment In the discount segment, the level of sales of goods in September 2017 amounted to approx. PLN 36 million, an increase of 19% compared to until September of the previous year. In a growing approach, the sales of the discounting sector amounted to approx. PLN 265 million and was higher by approx. 2% compared to sales achieved in the same period of the previous year. Revenues from the sale of goods realized via the online store www.txm24.pl in September 2017 amounted to approx. PLN 0.9 million, which means an increase of 3% compared to September 2016. Growing sales of the online store amounted to approximately PLN 6.5 million and was 10% higher than in the same period of the previous year. TXM network at the end of September consisted of 399 own stores with a total area of ​​104.8 thousand . m2, which was 18% higher than at the end of September 2016. Fashion segment In the fashion market, sales in September 2017 amounted to approx. PLN 17 million and were 8% lower than in September year. In a growing approach, the fashion sector sales amounted to approx. PLN 163 million and was 4% lower than in the corresponding period of the previous year. Revenues from the sale of goods via top Secret online stores in Poland and Ukraine in September 2017 amounted to 2, PLN 2 million, which means a decrease by 10% compared to September 2016. In the growing trend, Top Secret online store sales amounted to PLN 22.4 million and were 6% lower than in the same period of the previous year. The area of ​​sales outlets operating in Top Secret, Troll and DryWash sales networks at the end of September was 37, 5,000 m2, ie it was at the level of 9% lower than at the same time of 2016.

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Company information
Company name:Redan SA
ISIN:PLREDAN00019
NIP:725-10-17-332
Adress: ul. Żniwna 10/14 94-250 Łódź
Phone:+48 42 6177100
website:www.redan.com.pl

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