SpaceX IPO is the biggest IPO in stock market history. Join the conversation.Click here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksDp Poland Regulatory News (DPP)

Share Price Information for Dp Poland (DPP)

Share Price is delayed by 15 minutes
Get Live Data
7.50    0.00 (0.00%)
Bid:
7.00
Ask:
8.00
Spread: 1.00 (14.286%)
Market Cap: £70.80m
DPP Live PriceLast checked at - London Stock Exchange

Intraday Dp Poland Share Chart

Update on store performance

8 Feb 2017 07:00

RNS Number : 2624W
DP Poland PLC
08 February 2017
 

8 February 2017

DP Poland PLC

("DP Poland" or the "Company")

 

Update on store performance

Like-for-like system sales up 27%. Total system sales up 62%.

16 new stores opened and 10 more towns came on stream in the last 13 months.

Investment in accelerated roll-out.

 

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 39 Domino's Pizza stores in 14 Polish towns and cities, 16 corporately managed and 23 sub-franchised

Highlights

· Like-for-like1 system sales (PLN) up 27%

· 17 consecutive quarters of double digit like-for-like system sales2 growth, Q4 2012 - Q4 2016

· Total system sales2 up 62% 2016 on 2015

· 12 new stores opened and 6 more towns came on stream in 2016

· 4 new stores opened in 4 more towns since 1 January 2017

· 39 stores open in 14 towns to date

· Pipeline of store openings for 2017, with a number currently under construction

· In 2016 we welcomed 6 new sub-franchisees who now operate 23 stores between them

· 9 stores were opened by sub-franchisees between 1 January 2016 and 8 February 2017

· 71% delivery sales online

· Second commissary scheduled to open in mid-year to support this rapid growth in system sales

 

Peter Shaw, Chief Executive of DP Poland said:

"In 2016 12 new Domino's Pizza stores were opened and we welcomed 6 new sub-franchisees on board. In the first 5 weeks of 2017 we opened 4 further stores. Of the 39 stores operating today 23 are operated by our 8 sub-franchise partners. We are now operating in 14 towns and cities and will see more added through the year.

This step change in store roll-out and system sales growth is set to continue through 2017 as we invest in real estate development, store operations, dough production capacity and food warehousing."

 

The Company continues to trade in line with management expectations and will release its full year results for 2016 on 27 March 2017.

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation.

1 Like-for-like growth in PLN, matching trading periods for the same stores between 1 January and 31

December, 2015 and 1 January and 31 December, 2016

2 System Sales - total retail sales including sales from corporate and sub-franchised stores

 

 

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
 
 
UPDTRMATMBMMBRR
Date   Source Headline
21st Dec 20117:00 amRNSFurther New Store Openings
15th Dec 20117:00 amRNSTenth Store Opening
24th Nov 20115:55 pmRNSReplacement Ninth Store Opening
24th Nov 20117:00 amRNSNinth Store Opening
17th Nov 20117:00 amRNSEighth Store Opening
16th Nov 20113:51 pmRNSHolding(s) in Company
27th Oct 20117:00 amRNSSeventh Store Opening
19th Sep 20117:00 amRNSUnaudited Interim Results
15th Sep 20117:00 amRNSFurther new store openings
31st Aug 20117:00 amRNSFourth New Store
15th Jun 20117:00 amRNSOperations Update
25th May 20115:32 pmRNSHolding(s) in Company
27th Apr 201111:58 amRNSResult of AGM
14th Apr 201112:59 pmRNSHolding(s) in Company
17th Mar 20117:00 amRNSFinal Results
11th Mar 201112:03 pmRNSHolding(s) in Company
8th Mar 201112:19 pmRNSHolding(s) in Company
28th Feb 20117:00 amRNSFirst store opens
17th Feb 20119:16 amRNSChange of Registered Office
15th Feb 201112:24 pmRNSHolding(s) in Company
15th Dec 20104:42 pmRNSHolding(s) in Company
1st Dec 20108:00 amRNSBoard appointments etc.
12th Nov 201011:42 amRNSHolding(s) in Company
4th Oct 20103:00 pmRNSInterim Board Appointments
4th Oct 20108:00 amRNSDeath of Chairman
20th Sep 20109:58 amRNSHolding(s) in Company
12th Aug 20103:26 pmRNSHolding(s) in Company
11th Aug 20105:04 pmRNSHolding(s) in Company
6th Aug 20102:54 pmRNSAppointment
5th Aug 201011:53 amRNSHolding(s) in Company
30th Jul 201012:32 pmRNSHolding(s) in Company
30th Jul 20109:44 amRNSHolding(s) in Company
30th Jul 20109:38 amRNSHolding(s) in Company
28th Jul 201012:14 pmRNSGrant of Share Awards & Holding in Company
28th Jul 20109:22 amRNSFirst day of dealings on AIM

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.