DP Poland annual loss widens but Pizzeria 105 conversions encourage

(Alliance News) - DP Poland PLC on Thursday reported increased pretax losses in 2025 despite strengthened trading towards the end of the year.

The operator of Domino's pizza chain restaurants in Poland and Croatia said its pretax loss widened to GBP4.6 million in 2025 from GBP551,130 in 2024, despite revenue rising 15% to GBP61.7 million from GBP53.6 million.

The increased loss primarily reflected increased impairment charges, higher depreciation and amortisation following the Pizzeria 105 acquisition and non-recurring acquisition and conversion costs, DP Poland said.

Group system sales increased by 11% with LFL system sales growth of 5.1%. Trading momentum strengthened towards the end of the year, with fourth-quarter system sales increasing by 22% year-on-year on a reported currency basis, reflecting continued network expansion, improving like-for-like sales and the contribution from converted Pizzeria 105 locations.

Chief Executive Officer Nils Gornall called 2025 a "transformational year."

He said the acquisition of Pizzeria 105 "materially expanded our franchise network and provides a strong platform for the continued rollout of Domino's brand across Poland."

The acquisition of Pizzeria 105 was completed in March 2025, adding 90 franchised pizza stores across Poland at acquisition date. Thirteen Pizzeria 105 stores were converted to Domino's brand during 2025, with pilot conversions delivering encouraging trading performance.

At the year-end, DP Poland said it operated from 210 stores, including: 129 Domino's stores in Poland, 6 Domino's stores in Croatia and 75 Pizzeria 105 franchised stores in Poland.

"With a strengthened store network, growing franchise base and positive trading momentum continuing to Q2 2026, we remain confident in the group's long-term growth opportunity across both Poland and Croatia," the CEO added.

As announced in April, DP Poland said trading momentum has continued into 2026, with the group delivering strong first-quarter trading performance across both Poland and Croatia.

Group system sales increased by 18.9% year-on-year or 23% on a reported currency basis, while group system orders increased by 14%. Most notably, like-for-like system sales grew by an "impressive" 9.0%, the firm said.

Shares in DP Poland fell 6.7% to 7.00 pence each in London on Thursday.

By Jeremy Cutler, Alliance News reporter

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