AGM Trading Update
DP Poland PLC (“DP Poland or the “Company”)Ahead of today’s Annual General Meeting, to be held at 11am, DP Poland announces a trading update for the period from 1 January 2017 to date.
- Trading in line with management expectations
- 21% like-for-like* growth in System Sales** Q1 2017
- 8 new stores opened to-date in 2017
- 43 stores in 16 towns and cities
- Pipeline of more store openings for 2017 and 2018
- New commissary under construction
Peter Shaw, Chief Executive of DP Poland said:
“2017 has started positively with 21% like-for-like System Sales growth in the first quarter. We have opened 8 stores to date in 2017, an unprecedented number in just over 4 months. We are continuing to identify a strong pipeline of store locations for further openings in 2017 and into 2018.”
5 May 2017
This announcement contains inside information for the purposes of the Market Abuse Regulation
Enquiries:
- 020 3393 6954DP Poland PLC
- Peter Shaw, Chief Executive
- 020 7418 8900 Peel Hunt
- Adrian Trimmings/George Sellar
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* Like-for-like growth in PLN, matching trading periods for the same stores between 1 January and 31 March 2016 and 1 January and 31 March 2017
** System Sales – total retail sales including sales from corporate and sub-franchised stores, unaudited.
