DP Poland's interim system sales slip despite Q2 improvement
By Iain Gilbert
Date: Friday 19 Jul 2019
(Sharecast News) - Polish sub-franchiser DP Poland saw system sales grow in the second quarter of its trading year, with like-for-like sales returning to a positive level from March onwards.
DP Poland, which has the exclusive right to develop, operate and sub-franchise Domino's Pizza stores in the country, reported on Friday that system sales had increased 10% year-on-year.
Like-for-like system sales grew 5% in the second quarter, while order count grew 6% as 80% of the firm's sales moved online.
However, in the six months ended 30 June, like-for-like system sales actually decreased 1%.
Chairman Nick Donaldson said: "The first half of 2019 has seen momentum return to like-for-like performance following the strong comparatives driven by TV advertising in January and February 2018.
"Like-for-like order count has grown 6% since March. Total system sales grew 10% in the first half as a result of like-for-like performance and new store openings."
At 0830 BST, DP Poland shares were down 3.23% to 7.50p.
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