DP Poland PLC (“DP Poland”)
Unaudited Interim Results
for the Six Months Ended 30 June 2011
DP Poland plc holds the exclusive rights to develop and operate Domino’s Pizza stores in Poland, through its wholly owned subsidiary DP Polska SA.
Highlights:
- A period of investment in infrastructure and rapid development of operational capabilities
- 6 stores now open, a further 6 leases signed for this year’s roll out and 2 already signed for 2012
- On track to hit target of 12 store openings in 2011
- Store quality high as evidenced by the international franchisor’s audit
- Strong management team in place to handle aggressive store roll out
- Higher than anticipated store fit out and central costs, but on-going cost improvements
- Encouraging sales figures in September, following the seasonal impact of summer
- Stores expected to reach sales maturity after 12 months’ trading
Peter Shaw, Chief Executive, said:
“We are on track with our roll out and are set to achieve our target of 12 stores by the end of this year. As we build towards critical mass and heightened brand awareness we will benefit from the cross marketing benefits that size brings. The rapid roll-out of stores in Warsaw this year and next is key to driving sales growth.”
All financial reports are available to download from here
19 September 2011
Enquiries:
- 020 3393 6854DP Poland PLC
- Peter Shaw, Chief Executive
- 020 7457 2020 College Hill
- Matthew Smallwood
- Justine Warren
- 020 7107 8000 Seymour Pierce
- Jeremy Porter / Guy Peters – Corporate Finance
- David Banks / Jacqui Briscoe – Corporate Broking