DP Poland sales rise YTD
DP Poland
10.35p
16:55 20/12/24
Eastern European pizza restaurant operator DP Poland said on Monday that sales had risen in the nine months ended 30 September.
FTSE AIM All-Share
710.60
17:04 20/12/24
Travel & Leisure
9,231.47
17:14 20/12/24
DP Poland said like-for-like system sales were up 21.8% year-to-date in Poland, with the delivery channel continuing to increase its share of business, while Croatian LFL system sales grew by 7.5%.
The Domino's Pizza operator stated order counts grew strongly and were the main driver of revenue growth, with Poland LFL system orders increasing by 17.3% year-to-date, and average weekly order counts for Poland continuing to expand to over 800 per store.
DP Poland also noted that it remains on track to open 16 locations during 2024, with 12 new sites and four stores relocated as it continues to optimise its store network. DP aims to end the year with an estimated 122-store network.
Chief executive Nils Gornall said: "I am delighted to report that DP Poland continues to experience exceptional growth across both Poland and Croatia. In Poland, our system sales have increased by 19% year-to-date, and orders are up 15%, showcasing our expanding customer base and the outstanding performance of our stores."
As of 1000 GMT, DP Poland shares were up 1.14% at 11.12p.
Reporting by Iain Gilbert at Sharecast.com