SummarySummary Companies Q3 core profit beats expectationsPolish core profit returns to growthMakes progress with Mall turnaroundFocuses on cost managementNov 30 (Reuters) - Poland's biggest e-commerce platform Allegro (ALEP.WA) reported a rise in third-quarter core profit on Wednesday, driven by recovery in its home market and smaller losses at Mall, the Czech online retailer it acquired earlier this year. In the company's home market, better delivery cost management and an increase in high-margin ad revenue powered a recovery in core profit. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) rose 13.9% to 537.3 million zlotys ($119.16 million), beating expectations of 496 million zlotys in a company-compiled consensus. Through this 'fit to grow project' we are looking for ways to make sure we balance the margins with the growth," Eastick said, but declined to give a specific guidance. Allegro said it was making progress with turnaround at Mall business, with core profit loss slowing down to 50 million zlotys compared with 62 million in the second quarter.

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