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FTSE 100 closes a tad higher but sentiment dented by US data
FTSE 100 closed up just over six points at 7,197, while FTSE 250 shed over 74 at 18,898
Company
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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FTSE 100 closed up just over six points at 7,197, while FTSE 250 shed over 74 at 18,898
Investments and investor services
The UK index of leading shares closed down around four points at 7,173
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The launch of a generic rival to its Advair inhaler has many expecting a downgrade to Glaxo's outlook
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The week ahead includes updates from Thomas Cook, Superdry, Ryanair and Tate & Lyle, among others.
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Aside from the Royal Mail update, investors will also have an eye on news from Hargreaves Lansdown, Crest Nicholson and Domino's Pizza
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The cream of the corporate updates will likely come from blue-chips BT Group, Royal Mail, Royal Dutch Shell, Unilever and Diageo
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A look back at some of the more interesting stories from the junior market over the past week
In 2018, DP Poland’s system sales rose by 24% to 72mln Polish zloty (PLN) from PLN 58mln in 2017, despite a tough second half to the year as aggregators took a bite from its business
Some of the main news-driven risers and fallers in London on Wednesday...
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A glance at some of the day's highlights from the Proactive Investors newswire
The firm said sales had grown “substantially” in the year-to-date, however like-for-like sales growth had continued to see softening into the fourth quarter
The benchmark index also gets a boost from optimism over US-China trade talks
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the biggest risers and fallers in the London market on Tuesday
First-half results revealed significant progress was made both financially and operationally
The UK pound is off 0.14% against the US dollar, and flat against the Euro at the time of writing
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Aside the Ocado update, trading news will also arrive from vehicle hire form Northgate, and FTSE 250-listed Spire Healthcare
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Aside from the UK data and the retail updates, the Week Ahead will also bring news from the likes of Diageo, Dairy Crest, Smiths Group, Lamprell, and SIG