Research note: Proven model rolls outs

DP Poland has commissioned Hardman & Co to produce independent research coverage of the business, their first research note, by analyst Jason Streets is now available.

This research is publicly available from Hardman & Co’s website www.hardmanandco.com with no restrictions on distribution, however your attention is drawn to important disclaimers by Hardman & Co that are printed at the end of the note.

You can also download the research note through the link below:

DP Poland – Fully proven model rolls out – September 2018

Telepizza to exit Poland

An article by Philip Whiterow, Proactive Investors 27 July 2018

DP Poland tipped to benefit as discounter exits Polish pizza market

DP Poland PLC (LON:DPP) should get a boost from the exit from the Polish market of cut-price competitor Telepizza, according to broker Peel Hunt.

Telepizza has 107 stores and is one of DP Poland’s larger competitors, but these are being sold to Amrest, which runs Pizza Hut Poland.

Positive impact on DP Poland

Amrest is a Warsaw-listed international restaurant and café business and the broker expects it to close some Telepizza stores and convert the others to Pizza Hut or one of its other brands.

Even though Pizza Hut is growing in Poland, Telepizza was a discount operator that was competing largely on price and its exit should allow a bit more wriggle room on promotions.

DP Poland might also be able to pick up experienced Telepizza sub-franchisees displaced through the deal.

In May, Telepizza and Pizza Hut agreed a global partership and today’s announcement ‘feels more like a bit of a tidy-up around the edges of that deal, rather than a change of strategic direction for Amrest in relation to pizza in Poland,’ said the broker.

“Overall we expect the impact on DP Poland to be positive as a low-priced competitor exits the market.”

The broker has a buy recommendation and 75p target price.

Celebrating Domino’s 50th store in Poland

Celebrating Domino’s 50th store in Poland


Peter Shaw, Chief Executive of DP Poland said:

“The opening of our 50th store is a major milestone for Domino’s Pizza in Poland, a milestone that we are celebrating with promotions across the store estate. Store #50 is located in Olsztyn, a town with a population of some 170,000, 200km north of Warsaw. We are now present in 21 Polish towns and cities, ranging from the capital city Warsaw, with a population of c.1.8m, to towns of 100,000. We have 4 further stores currently under construction.

Our second commissary that came on stream in August is fully operational and is supplying a large proportion of our stores. Our expanded commissary capacity has the potential to supply up to 150 stores.

We opened our first store in Warsaw in February 2011 and, through the backing of our investors and the hard work of our team and our sub-franchisees, the establishment of Domino’s as a national brand in Poland is moving from vision to reality.”

17 November 2017

View the interview with Peter Shaw on BRR Media: Link to interview

View the interview with Peter Shaw and Andrew Scott of Proactive Investors: Link to interview

Enquiries:

  • 020 3393 6954DP Poland PLC
  • Peter Shaw, Chief Executive
  • 020 7418 8900 Peel Hunt
  • Adrian Trimmings/George Sellar

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 50 Domino’s Pizza stores in 21 Polish cities, 26 corporately managed, 2 under management contract and 22 sub-franchised.

The Next Economic Powerhouse? Poland

Third party article in The New York Times, by Ruchir Sharma, 5 July 2017


Ruchir Sharma is the chief global strategist at Morgan Stanley Investment Management and author of “The Rise and Fall of Nations: Forces of Change in the Post-Crisis World.”

Coinciding with President Trump’s recent visit to Poland, Sharma’s article in the New York Times suggested that the next major nation to be counted by the International Monetary Fund as wealthy or an advanced economy could be Poland, the previous nation to be added to this category being South Korea some 20 years ago.

Click here to read the full article.

Disclaimer: Neither DP Poland PLC nor its subsidiary DP Polska SA, directors or employees, have had any input to the writing of this article and cannot verify its content, including the views, facts or statements expressed within it by the author. Neither DP Poland PLC nor its subsidiary DP Polska SA bear any responsibility for any investment decisions made based on the reading of this article or other writings by the author Ruchir Sharma. 19 July 2017.

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