DP Poland PLC H1 2019 Trading Update (0449G)
July 19 2019 - 2:00AM
UK Regulatory
TIDMDPP
RNS Number : 0449G
DP Poland PLC
19 July 2019
DP Poland plc
("DP Poland" or the "Company")
H1 2019 Trading Update
System sales up 10%. Like-for-likes returning positive from
March. More sub-franchisees in place.
-- 10% increase in System Sales(1) H1 2019 on H1 2018
-- 80% of delivery sales ordered online
-- Like-for-likes building from March 2019:
o 5% like-for-like growth in System Sales(2) March-June 2019 on
March-June 2018
o 6% like-for-like growth in order count(3) March-June 2019 on
March-June 2018
o -1% like-for-like growth in System Sales January-June 2019 on
January-June 2018
-- 3 corporate stores acquired/agreed to be acquired by 2 new
sub-franchisees on 1(st) July 2019:
o DP Poland has currently 10 sub-franchisees across Poland
-- 3 corporate stores taken under management contract by 1 existing sub-franchisee
-- 67 stores in 28 towns and cities to-date
-- 4 new stores opened in H1 2019
Nick Donaldson, non-executive Chairman of DP Poland, said:
"The first half of 2019 has seen momentum return to
like-for-like performance following the strong comparatives driven
by TV advertising in January and February 2018. Like-for-like order
count has grown 6% since March. Total System Sales grew 10% in the
first half as a result of like-for-like performance and new store
openings. Our efforts in sub-franchisee recruitment are bearing
fruit with 2 additional sub-franchisees acquiring/agreeing to
acquire 3 corporate stores between them this month We have also
entered into 3 more management contracts with 1 of our existing
sub-franchisees."
We intend to announce our interim results for the six months
ended 30 June 2019 on 24 September 2019.
Enquiries:
DP Poland PLC
Nick Donaldson, non-executive
Chairman
www.dppoland.com 020 3393 6954
Peel Hunt LLP
Adrian Trimmings / George Sellar 020 7418 8900
Notes to editors
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 67 Domino's
Pizza stores, 43 corporate, of which 4 are managed under management
contract, and 24 sub-franchised.
(1) System Sales - total retail sales including sales from
corporate and sub-franchised stores
(2) Like-for-like System Sales growth in PLN, matching trading
periods for the same stores between 1 January and 30 June 2018 and
1 January and 30 June 2019
(3) Like-for-like growth in the number of orders, matching
trading periods for the same stores between 1 January and 30 June
2018 and 1 January and 30 June 2019
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END
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