AGM Trading Update

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.

 

END

 

 

TSTUSUSRBNAVRAR