DP Poland PLC Update on Store Performance H1 2017, unaudited (4227L)
19 July 2017 - 4:00PM
UK Regulatory
TIDMDPP
RNS Number : 4227L
DP Poland PLC
19 July 2017
19 July 2017
DP Poland plc
("DP Poland" or the "Company")
Update on Store Performance H1 2017, unaudited
System Sales up 50%. Like-for-likes up 17%. 73% of delivery
sales ordered online.
DP Poland, through its wholly owned subsidiary DP Polska S.A,
has the exclusive right to develop, operate and sub-franchise
Domino's Pizza stores in Poland. There are currently 45 Domino's
Pizza stores in 18 towns and cities, 20 corporately managed, 2
under management contract and 23 sub-franchised.
-- Total System Sales* up 50% to 27m PLN H1 2017 (18m PLN H1 2016)
-- 17% like-for-like** growth in System Sales H1 2017 on H1 2016
-- 19(th) consecutive quarter of double digit System Sales growth
-- 10 new stores opened to-date 2017
-- 45 stores in 18 towns and cities across Poland to date 2017
-- 73% of delivery sales ordered online
-- New commissary close to completion
Peter Shaw, Chief Executive of DP Poland said:
"We continued to see strong growth in system sales in the first
half of 2017, thanks to robust double digit like-for-likes and 10
store openings, year to date. 8 additional towns and cities have
been added to the Domino's map in Poland so far this year.
Our rate of growth in online sales continues with 73% of all
delivery orders made online in the first half of 2017, compared to
71% for the full year 2016, a trend that brings us in line with
many of the more mature Domino's markets. An effective online
ordering system benefits both our customers and our operational
efficiencies, making the ordering process easier and less labour
intensive. We expect the proportion of delivery sales made online
to continue to grow as we invest in our digital technology and
marketing.
Our state-of-the art commissary in ód is nearing completion and
we expect it to come on stream in September, giving us the capacity
to supply up to 150 stores with fresh dough and ingredients, in
combination with our Warsaw facility."
The Company will release its interim results for the first half
of 2017 on 18 September 2017.
* System Sales - total retail sales including sales from
corporate and sub-franchised stores, unaudited.
** Like-for-like growth in PLN, matching trading periods for the
same stores between 1 January and 30 June 2016 and 1 January and 30
June 2017
This announcement contains inside information for the purposes
of the Market Abuse Regulation.
Enquiries:
DP Poland PLC
Peter Shaw, Chief Executive
www.dppoland.com 020 3393 6954
Peel Hunt LLP
Adrian Trimmings / George
Sellar 020 7418 8900
This information is provided by RNS
The company news service from the London Stock Exchange
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