Interim Results 2013

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

Interim Results

for the half year to 30 June 2013

Strong like-for-like store performance, first sub-franchisee in place, development of more efficient store format and imminent move outside of Warsaw.

DP Poland has the exclusive right to develop, operate and to sub-franchise Domino’s Pizza stores in Poland. It currently has 15 corporate stores operating in Warsaw.

Highlights:

  • Like-for-like sales (pln) up 72.8%**
  • Like-for-like order count up 73.0%**
  • Gross profit† (pln) in like-for-like stores up 77.7%**
  • Store EBITDA (pln) in like-for-like stores improved 59.4%**
  • First sub-franchised store to open in Warsaw, in October
  • First store to open outside of Warsaw in October
  • Maintaining target of 20 store openings in 2013-14, corporate and sub-franchised
  • Innovative new S2 Store format developed to deliver significant economies in both capital and operational expenditure

Peter Shaw, Chief Executive of DP Poland, said:

“As well as a very encouraging like-for-like financial performance, the first half of the year has seen significant developments for the business. I am particularly delighted to welcome our first sub-franchisee who will be opening his first store in Warsaw this October. In addition to this we will be opening our first store outside of Warsaw in October, with more to follow this year, in Warsaw and beyond. We are still targeting 20 new store openings in 2013-14.

With regard to store openings I am excited by the prospect of our new S2 Store format that we have developed, and are rolling out, to deliver significant economies in both capital and operational expenditure, facilitating the drive to store profitability.”

All financial reports are available to download from here

24 September 2013

Enquiries:

  • c/o College Hill 020 7457 2020DP Poland PLC
  • Peter Shaw, Chief Executive
  • 020 7418 8900 Peel Hunt
  • Dan Webster
    Matthew Armitt
    Richard Brown
  • 020 7457 2020 College Hill
  • Matthew Smallwood
    Jamie Ramsay

*4.9246 pln:£1 exchange rate, average rate for period Jan to June 2013
** Like-for-like growth in pln, matching trading periods for the same 13 stores between 1 January and 30 June, 2012 and 1 January and 30 June 2013

dppolandAdmin