DP Poland PLC AGM Trading Update (2391E)

TIDMDPP

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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May 05, 2017 02:00 ET (06:00 GMT)