Polish e-commerce firm Allegro eyes higher Q1 profit


FILE PHOTO The Allegro logo is seen on the smartphone in this illustration taken October 12 2020. REUTERSDado RuvicIllustration

FILE PHOTO: The Allegro logo is seen on the smartphone in this illustration taken October 12, 2020. REUTERS/Dado Ruvic/Illustration

(Reuters) -Poland's biggest e-commerce platform Allegro said on Thursday it expects core earnings to rise in the first quarter, as it focuses on cutting costs amid economic uncertainty.

The company forecast its adjusted earnings before interest, tax, depreciation and amortization (EBITDA) to increase 20%-23% in its key Polish market.

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