Dino Polska

Dino Polska

Company type	Joint-stock company
Traded as	WSE:DNP WIG30component
Industry	Retail
Founded	1999(1999)
Founders	Tomasz Biernacki
Headquarters	Krotoszyn,Poland
Area served	Poland
Key people	Szymon Piduch
Revenue	25,666,255,000 złoty (2023)
Net income	1,405,327,000 złoty (2023)
Number of employees	16,530 (2018)
Website	marketdino.pl

Dino Polska S.A.is a Polish retail company that operatesgrocery storesthroughout Poland. The retail chain was founded in 1999 by Tomasz Biernacki. Dinosupermarketsare generally located in medium and small-sized towns as well as on the peripheries of larger cities.The retailer started out in westernPoland,but has since expanded across the entire country. In 2022, theSubcarpathian Voivodeshipbecame the last of Poland's voivodeships to open a Dino store. Dino is now present in every voivodeship.

As of 31 December 2023,Dino had 2,406 stores covering a floor area of 947,900 square metres (234.2 acres).

Structure

One of Dino Polska's nationwide network of convenience stores, here inMoryń

The Dino Polskalogisticsnetwork is based on three distribution centres located in:Krotoszyn,Jastrowie,Piotrków TrybunalskiandRzeszotory.Due to the expansion of the retail chain, Tomasz Biernacki set up theprivate limited companyDino PolskaSp. z o.o.,whom over the course of the next three years sold all Dino stores to. The continued expansion of the company forced its transformation into ajoint-stock company.

Dino Polska stores offer their customers around five-thousand different articles, with each store including ameatcounter, sellingmeat,prosciuttoand a variety of prepared meat types mainly supplied by Agro-Rydzyna. Dino Polska is the owner of the Agro-Rydzyna meat plant. Since 2010, Dino Polska is sole distributor of meat andhamproducts under this brand, buying shares in the company since 2003.

In June 2010, Enterprise Investors, aninvestment fund,bought 49% of the shares in the company for 200 millionzlotys.Since its relations with Enterprise Investors, the retail chain began to markedly expand, from 111 stores at the end of 2010 to 628 stores by the end of December 2016. In April 2017, Enterprise Investors allocated all of its assets onto theWarsaw Stock Exchange.Dino Polska had 1056 stores as of June 2019.In 2023, it opened 250 new stores; the network numbered 2,406 stores at the end of 2023.

Growth of Dino since 2008

Year	Stores	Revenue (million zl)	Net income (million zl)	Stock price (zl)
2008	81
2009	90
2010	111
2011	154
2012	234
2013	324
2014	410	2,108	66
2015	511	2,590	122
2016	628	3,321	151
2017	775	4,463	214	78.80
2018	977	5,839	308	95.85
2019	1,218	7,647	411	144.00
2020	1,473	10,126	644	289.40
2021	1,815	13,362	805	367.30
2022	2,156	19,802	1,132	375.30
2023	2,406	25,666	1,405	460.70