DP Poland (DPP)

Sector:

Tourism and Leisure Services

Index:

FTSE AIM All-Share

11.50p
   
  • Change Today:
    -1.20p
  • 52 Week High: 13.00
  • 52 Week Low: 6.25
  • Currency: UK Pounds
  • Shares Issued: 712.48m
  • Volume: 1,930,761
  • Market Cap: £81.94m

DP Poland reports strong summer growth

By Josh White

Date: Friday 15 Jul 2022

LONDON (ShareCast) - (Sharecast News) - DP Poland updated the market on its recent trading on Friday, reporting a 23.5% improvement in like-for-like system sales year-on-year in June.
The AIM-traded firm, which is the master franchisee for Domino's Pizza in Poland, reported "strong growth" in dine-in sales of 55.8% on a like-for-like basis compared to June last year, and of 21.3% compared to the pre-pandemic period in June 2019.

Delivery like-for-like system sales had continued to grow by 9.6%, despite a resurgence of dine-in sales following the relaxation of Covid-19 restrictions.

Total system sales were 20.5% higher in June 2022 than in June 2021.

Like-for-like system sales for the first 10 days of July, meanwhile, increased 32.9% year-on-year, with delivery system sales continuing to present "strong growth" of 21.4%, and dine-in sales upholding the June trend with growth of 55.3%.

Cash at bank totalled £0.8m on 30 June, down from £1.8m at the end of December, which the board put down to capital expenditure for two new stores openings, the purchase of six new ovens, 30 new fuel scooters, 50 e-bikes, as well as working capital needs.

"I am delighted to see the strong sales performance achieved in the first half of 2022 continuing which is a consequence of our hard work in prior months and investment in customer acquisition," said chief executive officer Piotr Dzierżek.

At 1224 BST, shares in DP Poland were up 10.34% at 6.4p.

Reporting by Josh White at Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

DP Poland Market Data

Currency UK Pounds
Share Price 11.50p
Change Today -1.20p
% Change -9.45 %
52 Week High 13.00
52 Week Low 6.25
Volume 1,930,761
Shares Issued 712.48m
Market Cap £81.94m

DP Poland Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
97.49% above the market average97.49% above the market average97.49% above the market average97.49% above the market average97.49% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Income Not Available
Growth
37.73% above the market average37.73% above the market average37.73% above the market average37.73% above the market average37.73% above the market average
7.69% below the sector average7.69% below the sector average7.69% below the sector average7.69% below the sector average7.69% below the sector average

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 1
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

DP Poland Dividends

No dividends found

Trades for 28-Mar-2024

Time Volume / Share Price
16:40 180,000 @ 11.83p
16:41 200,000 @ 11.84p
16:40 20,000 @ 11.83p
16:40 500,000 @ 11.00p
16:36 25,000 @ 11.50p

DP Poland Key Personnel

CEO Nils Gornall
CFO Edward Kacyrz

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