DP Poland PLC Trading Update (1341D)
29 January 2018 - 6:00PM
UK Regulatory
TIDMDPP
RNS Number : 1341D
DP Poland PLC
29 January 2018
29 January 2018
DP Poland plc
("DP Poland" or the "Company")
Trading Update for 2017, unaudited
System Sales up 51%. Like-for-likes up 17%. 75% of delivery
sales ordered online. 55 stores.
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 55 Domino's
Pizza stores, 29 corporately managed, 2 under management contract
and 24 sub-franchised.
-- Total System Sales* up 51% to 58m PLN 2017 (39m PLN 2016)
-- 17% like-for-like** growth in System Sales 2017 on 2016
-- 75% of delivery sales ordered online
-- 21(st) consecutive quarter of double digit like-for-like System Sales growth
-- Store numbers in 2017 increased from 35 to 54 stores, with 55 stores open to date
-- The second commissary in odz is fully operational and performing well
Peter Shaw, Chief Executive of DP Poland said:
"2017 delivered significant growth in System Sales, through a
combination of robust like-for-likes and 19 store openings. While
we experienced increased pressures in cost of sale, both labour and
food, we expect these pressures to reduce through 2018.
Poland's delivery market is expanding and we are taking a lead
in that expansion, through great product, service and price,
supported by a strong marketing programme and store roll-out.
We commenced national television advertising in January 2018 and
early results are encouraging."
The company will release its full year results for 2017 on 27
March 2018.
* 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 31 December 2016 and 1 January
and 31 December 2017
This announcement contains inside information for the purposes
of the Market Abuse Regulation.
LEI number: 213800LPZBU5RPY7A394
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
END
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