DP Poland (DPP), with the exclusive right to develop, operate and sub-franchise Domino's Pizza stores in Poland, states it is “delighted to see the strong sales performance achieved in the first half of 2022 continuing” and is “confident we will emulate the success of the brand in other markets”. But what’s the detail?
Previously writing on company with the exclusive right to Domino's Pizza in Poland DP Poland (DPP), in April with the shares down to 7.75p I concluded ‘I also previously questioned and what about borrowings?! As well as wondering why the 2021 results are not expected until “on or around 7 June”? That is now “early in the second half of June” and all of the above, from a still more than £48 million market cap, means my stance currently remains avoid / sell’. It has now announced the results and more...
DP Poland (DPP) has stated in a trading update that it is “delighted to see the strong sales performance in Q1 2022, with LFL System Sales up 21% over 2021, benefitting from a strong management focus towards increased order volumes in our stores. At the end of March 2022, Poland lifted the majority of COVID-19 restrictions and we have seen a further acceleration in sales growth, with LFL System Sales up 29% in March”. So what of a current share price response slightly lower to 7.75p?...
Pizza restaurants and stores in Poland and exclusive rights to Domino's Pizza in the country company DP Poland (DPP) has announced a trading update including “like for like System Sales up 16% in Q4 2021 compared to Q4 2020… Cash at bank of £1.8m as at 31 December 2021 (2020: £1.2m)”. However, and already down from above 10p as recently as June, the shares have currently responded further lower, towards 6p. So what’s the story here?...
Operator in Poland of pizza stores and restaurants and of the Domino's Pizza franchise, DP Poland (DPP) has announced a £3 million placing it emphasises at a premium at 8p per share and with “it requires additional capital investment to implement its growth plan for further expansion and market penetration”. So what of a current 7.75p share price?...
