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Milestone Store Opening - Press Event

30 Aug 2017 07:00

RNS Number : 2255P
DP Eurasia N.V
30 August 2017
 

For Immediate release

30 August 2017

 

DP Eurasia N.V.

("DP Eurasia" or the "Company")

Milestone Store Opening - Press Event

 

DP Eurasia (DPEU.L), the master franchisee of the Domino's Pizza brand in Turkey, Russia, Azerbaijan and Georgia, will today hold a press event in Moscow to mark its 100th store opening in Russia. This milestone also coincides with the Group's system store count reaching 600 across its network, firmly in line with achieving management's expectations for full year net store openings.

 

No additional new information will be provided during the event. Further financial information will be released with the Group's maiden interim results on Tuesday 19 September 2017.

 

Enquiries

DP Eurasia N.V.

Selim Kender, Chief Strategy Officer & Head of Investor Relations

+90 212 280 9636

Buchanan (Financial Communications)

Richard Oldworth / Henry Harrison-Topham / Victoria Hayns / Madeleine Seacombe

+44 20 7466 5000

dp@buchanan.uk.com

 

 

Notes to Editors

 

DP Eurasia N.V. is the exclusive master franchisee of the Domino's Pizza brand in Turkey, Russia, Azerbaijan and Georgia. The Company was admitted to the premium listing segment of the Official List of the Financial Conduct Authority and to trading on the main market for listed securities of the London Stock Exchange plc on 3 July 2017. The Company (together with its subsidiaries, the "Group") is the largest pizza delivery company in Turkey and the third largest in Russia. The Group offers pizza delivery and takeaway/ eat-in facilities at its 602 stores (490 in Turkey, 104 in Russia, five in Azerbaijan and three in Georgia as at 30 August 2017), and operates through its owned corporate stores (38%) and franchised stores (62%). The Group maintains a strategic balance between corporate and franchised stores, establishing networks of corporate-owned stores in its most densely populated areas to provide a development platform upon which to promote best practice and maximise profitability. The Group has adapted the Domino's Pizza globally proven business model to its local markets.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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