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AGM Trading Update

5th May 2017 07:00

RNS Number : 2391E
DP Poland PLC
05 May 2017
 

EMBARGOED to 7am Friday 5 May

DP Poland plc

("DP Poland" or the "Company")

AGM Trading Update

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."

 

* 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.

This announcement contains inside information for the purposes of the Market Abuse Regulation.

 

Enquiries:

DP Poland PLC

Peter Shaw, Chief Executive

www.dppoland.com

020 3393 6954

Peel Hunt LLP

Adrian Trimmings / George Sellar

020 7418 8900

 

 

Notes to editor

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 43 Domino's Pizza stores in 16 Polish cities, 20 corporately managed and 23 sub-franchised.

This information is provided by RNS
The company news service from the London Stock Exchange
 
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