Company
DP Poland PLC
LON:DPP
Domino’s Pizza is operated in Poland by DP Polska S.A. (DPPSA), a Polish registered company which is wholly owned by DP Poland plc (DPP). DPP is a UK based company listed on the Alternative Investment Market (AIM). The exclusive rights of the Master Franchise Agreement have been granted, with a grant date of June 2010, to DPPSA by Domino’s Pizza Overseas Franchising (DPOF, also referred to as DPI) for an initial period of 15 years with an option to renew for a further 10 years, subject to certain conditions, including a growth clause. That growth clause is subject to an updated opening schedule of 55 stores trading by YE 2018 and 69 stores trading by YE 2019. Growth for 2020 and the years thereafter is to be mutually agreed between both parties. Poland has a population of 38 million people and has the potential to become a very significant pizza delivery market. DP Poland’s objective is to establish Domino’s Pizza as the leading pizza brand in Poland. The first Domino’s Pizza store was opened in Warsaw in February 2011. Having proven the model in the capital city stores are being rolled out to cities and large towns across Poland.
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DP Poland confirms 2019 revenue growth as 82% of sales happened online
“In light of the Coronavirus concerns, we now offer contact-free delivery and contact-free carryout,” said chief executive Iwona Olbryś
DP Poland trading 'relatively well' through coronavirus lockdown
DP Poland is also seeing reductions in the cost of ingredients and an improved recruitment market
DP Poland sees like-for-like sales growth bounce back
The performance was in line with management expectations for 2019
DP Poland rises as it appoints manager of Polish subsidiary as new CEO
Iwona Olbrys was previously general manager of DP Polska, and before joining the firm was general director of the Polish arm of competitor Telepizza
DP Poland still on expansion path as pizza demand remains firm
Poland is one of the last large high-growth takeaway markets left in Europe
DP Poland eyes bigger sub-franchise slice after first-half sales grow
The group, which operates the Domino's Pizza brand in Poland, said the rise of delivery apps such as UberEats could help it break into new regions
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DP Poland returns to like-for-like sales growth
Total system sales grew 10% in the first half of 2019. 80% of orders are now placed online.
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DP Poland looks fresh as store estate grows to 66 in first quarter
In addition to three new stores opened in the period, the company had also signed four leases for new sites
Peel Hunt resumes DP Poland with a ‘buy’ rating says a “normal summer would be the icing on the pizza”
The analysts said DP Poland’s comparatives from April should be easier as that was the start of the hot, dry weather in 2018, and it expects its targeted marketing activity to begin to pay off
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DP Poland trialling partnership with the country's largest delivery aggregator
"The share placing completed at the end of February gives the business the requisite funds for further corporate store openings and investment in sales and marketing," said CEO, Peter Shaw
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