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Pin to quick picksDp Poland Regulatory News (DPP)

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Market Cap: £70.80m
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Trading Update

13 Jul 2021 07:00

RNS Number : 9931E
DP Poland PLC
13 July 2021
 

This announcement contains inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company are responsible for the release of this announcement.

DP Poland plc

("DP Poland" or the "Group")

Trading Update

Ahead of the presentation via the Investor Meet Company platform at 2.00 p.m. BST today, DP Poland, the operator of Domino's pizza stores and restaurants across Poland, announces a trading update for the month of June 2021.

Trading Update

Further to the unaudited trading update for the five month period to 31 May 2021 announced on 18 June 2021, the Group are providing an update for month of June 2021 being the first full month of trading post certain COVID-19 restrictions being lifted on dine in restaurants in Poland:

· Average daily dine-in sales for the period 18 May to 30 June 2021 have increased by 94% to PLN 122.9k in comparison to the lockdown period 1 May to 17 May 2021 of PLN 63.3k.

 

· Dine-in business increased by 25% in comparison to June 2020 but still lower by 24% in comparison to June 2019 (pre COVID market).

 

· Like-for-like ("LFL") System sales for June 2021 is 5% higher in comparison to June 2020 and 2% lower compared to June 2019.

 

· The IT conversion is now complete and the average order receipt in the enlarged Group has increased in June (in comparison to May) by 10%.

 

PLN'000

June 2019

June 2020

June 2021

% change vs June 2019

% change vs June 2020

System Sales

14,530

13,115

13,765

-5%

5%

LFL System Sales

14,108

13,110

13,765

-2%

5%

Dine-in

5,479

3,334

4,151

-24%

25%

Delivery

8,629

9,775

9,614

11%

-2%

Non-LFL System Sales

423

5

0

-100%

-94%

 

A presentation has been published in relation to the Group's unaudited trading update for June 2021. The presentation will be made available on the Company's website at www.dppoland.com.

Enquiries:

DP Poland plc

Tel: +44 (0) 20 3393 6954

Nick Donaldson, Non-Executive Chairman

Singer Capital Markets (Nominated Adviser and Broker)

Tel: +44 (0) 20 7496 3000

Shaun Dobson / Will Goode / Amanda Gray

 

Notes for editors

About DP Poland plc

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. Following its acquisition of Dominium S.A., which constituted a reverse takeover under the AIM Rules for Companies, the group now operates over 100 stores and restaurants across a number of cities and towns in Poland.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
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