REG - DP Poland PLC - Trading Update
RNS Number : 9931EDP Poland PLC13 July 2021This announcement contains inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company are responsible for the release of this announcement.
DP Poland plc
("DP Poland" or the "Group")
Trading Update
Ahead of the presentation via the Investor Meet Company platform at 2.00 p.m. BST today, DP Poland, the operator of Domino's pizza stores and restaurants across Poland, announces a trading update for the month of June 2021.
Trading Update
Further to the unaudited trading update for the five month period to 31 May 2021 announced on 18 June 2021, the Group are providing an update for month of June 2021 being the first full month of trading post certain COVID-19 restrictions being lifted on dine in restaurants in Poland:
· Average daily dine-in sales for the period 18 May to 30 June 2021 have increased by 94% to PLN 122.9k in comparison to the lockdown period 1 May to 17 May 2021 of PLN 63.3k.
· Dine-in business increased by 25% in comparison to June 2020 but still lower by 24% in comparison to June 2019 (pre COVID market).
· Like-for-like ("LFL") System sales for June 2021 is 5% higher in comparison to June 2020 and 2% lower compared to June 2019.
· The IT conversion is now complete and the average order receipt in the enlarged Group has increased in June (in comparison to May) by 10%.
PLN'000
June 2019
June 2020
June 2021
% change vs June 2019
% change vs June 2020
System Sales
14,530
13,115
13,765
-5%
5%
LFL System Sales
14,108
13,110
13,765
-2%
5%
Dine-in
5,479
3,334
4,151
-24%
25%
Delivery
8,629
9,775
9,614
11%
-2%
Non-LFL System Sales
423
5
0
-100%
-94%
A presentation has been published in relation to the Group's unaudited trading update for June 2021. The presentation will be made available on the Company's website at www.dppoland.com.
Enquiries:
DP Poland plc
Tel: +44 (0) 20 3393 6954
Nick Donaldson, Non-Executive Chairman
Singer Capital Markets (Nominated Adviser and Broker)
Tel: +44 (0) 20 7496 3000
Shaun Dobson / Will Goode / Amanda Gray
Notes for editors
About DP Poland plc
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. Following its acquisition of Dominium S.A., which constituted a reverse takeover under the AIM Rules for Companies, the group now operates over 100 stores and restaurants across a number of cities and towns in Poland.
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