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Announcing final results 2011

DP Poland PLC (“DP Poland” or the “Company”)

Final results for the year to 31 December 2011

Moving from start-up to a sales focus

DP Poland is the owner of the exclusive rights to develop and operate Domino’s Pizza stores in Poland.

It currently has 12 stores operating in Warsaw.

  • Target of opening 12 stores by the end of 2011 achieved
    ­ – Unparalleled rate of opening in a first year in a new Domino’s market
  • Original premise for market opening verified as customers more highly motivated by quality and speed of service rather than price
  • Commissary operation set up and running well
  • With stores only open on average for three months, the Group made an anticipated loss per share of 11.5p
  • Net cash of £873k at the year end and a further £3.2m raised early in 2012 to fund further development of the company
  • Three further stores in Warsaw to open in 2012 followed by a move to a sub-franchise model, reducing the Company’s future capital expenditure requirement

Peter Shaw, Chief Executive of DP Poland, said:

“We are pleased with the development of the Company in its start-up phase, over the last year having achieved our target number of openings. Operationally we are running well and delivering high quality product to our customers quickly. We are approaching critical mass in Warsaw with growing awareness among our target consumers.

“We are well funded for further development in 2012 and are targeting 2013 for the opening of the first sub-franchised Domino’s Pizza stores in Poland.”

Download the full announcement below

26 March 2012

Enquiries:

  • c/o College Hill: 020 7457 2020DP Poland PLC
  • Peter Shaw, Chief Executive
  • 020 7457 2020 College Hill
  • Matthew Smallwood
  • Justine Warren
  • 020 7107 8000 Seymour Pierce
  • Jeremy Porter / Catherine Leftley – Corporate Finance
  • David Banks / Jacqui Briscoe – Corporate Broking

dppolandAdmin