Russia/Ukraine Update & Notice of Results

RNS Number : 6089D

DP Eurasia N.V

04 March 2022

 

For Immediate Release

4 March 2022

DP Eurasia N.V.

("DP Eurasia", the "Company" or the "Group")

Update on Russia/Ukraine

and

Notice of Preliminary Results

DP Eurasia (DPEU.L), the master franchisee of the Domino's Pizza brand in Turkey, Russia, Azerbaijan and Georgia, today provides an update in response to how the situation in Ukraine could affect its Russian operations.

At this stage, due to the pace of the evolving geopolitical crisis, it is still too early to quantify any possible ramifications for the Group's Russian business or on its full year 2022 results . A further update will be provided at the time of the Company's 2021 Preliminary Results, when the Group may have greater visibility on the impact on its Russian operations.

DP Eurasia continues to perform ahead of pre-Covid levels and remains focused on factors that can successfully mitigate the negative headwinds, including pricing to offset inflationary pressures in its core markets.

The Company will announce its Preliminary Results for the year ended 31 December 2021 on Tuesday 5 April 2022.

An in-person briefing will be held at the offices of Buchanan, 107 Cheapside, London EC2V 6DN, and a conference call for analysts will be held at 9.30am on the morning of the results announcement. The call will be accessible via the details below, and will be accompanied by a slide deck, which can be accessed at www.dpeurasia.com .

Conference call:

UK Toll: [phone] UK Toll Free:  0800 358 9473 Participant PIN code: 58036829# URL for international dial in numbers: https://events-ftp.arkadin.com/ev/docs/NE_W2_TF_Events_International_Access_List.pdf

For additional details and registration for the analyst briefing, please contact Buchanan on [phone] / [e-mail] .

Enquiries

DP Eurasia N.V.
Selim Kender, Chief Strategy Officer & Head of Investor Relations	[phone]
Buchanan (Financial Communications)
Richard Oldworth / Tilly Abraham / Verity Parker	[phone] [e-mail]

Notes to Editors

DP Eurasia N.V. is the exclusive master franchisee of the Domino's Pizza brand in Turkey, Russia, Azerbaijan and Georgia. The Company was admitted to the premium listing segment of the Official List of the Financial Conduct Authority and to trading on the main market for listed securities of the London Stock Exchange plc on 3 July 2017. The Company (together with its subsidiaries, the "Group") is the largest pizza delivery company in Turkey and the third largest in Russia.  The Group offers pizza delivery and takeaway/ eat-in facilities at its 809 stores (607 in Turkey, 188 in Russia, ten in Azerbaijan and four in Georgia as at 31 December 2021), and operates through its owned corporate stores (24%) and franchised stores (76%). The Group maintains a strategic balance between corporate and franchised stores, establishing networks of corporate stores in its most densely populated areas to provide a development platform upon which to promote best practice and maximise profitability. The Group has adapted the Domino's Pizza globally proven business model to its local markets.

 

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