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Pin to quick picksDp Poland Regulatory News (DPP)

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Hardman & Co Research: DP Poland (DDP.L): Slowing revenue growth

12 Dec 2018 15:50

Hardman & Co Research Hardman & Co Research: DP Poland (DDP.L): Slowing revenue growth 12-Dec-2018 / 15:50 GMT/BST


Hardman & Co: Slowing revenue growth

DP Poland (DPP) announced this morning that while EBITDA for 2018 will be broadly in line with expectations, revenue is lower due to unseasonally warm weather and competitive marketing activity by delivery aggregators. The company is cautious about the impact continuing into 2019 and so we have cut our forecasts for the following years, effectively pushing back the path to profitability by a year. This means, in our view, that the company is likely to need some additional funding during 2019.

Please click here for the full report:

https://www.hardmanandco.com/research/corporate-research/slowing-revenue-growth/

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Dissemination of a CORPORATE NEWS, transmitted by EQS Group.The issuer is solely responsible for the content of this announcement.


End of Announcement - EQS News Service

757367 12-Dec-2018 

corporate announcement transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

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