Sopheon tops London risers as it raises 2017 guidance
Some of the main news-driven risers and fallers in London on Monday...
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 starts TV campaign as sales continue to climb
"Poland's delivery market is expanding and we are taking a lead in that expansion"
FTSE 100 closes higher, just, with miners in support
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DP Poland celebrates as fiftieth store opens
The first store opened in Warsaw in 2011 but DPP now has outlets in 21 cities.
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DP Poland on track to open 50th store next month as it drives towards critical mass
As already flagged, DPP saw total system sales jump 50% in the first half, thanks to several new store openings and robust like-for-like growth
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DP Poland momentum showing no signs of stopping as first half sales jump
DP Poland has now racked up 19 consecutive quarters of double digit sales growth
Investments and investor services
FTSE 100 finishes over 40 points ahead with housebuilders in support
The blue chip index closed up 40.69 at 7,430 on the day
DP Poland raises £5.25mln through premium share placing
The cash will be used to maintain the roll-out of new store openings over the next couple of years
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DP Poland highlights sales growth and new store openings ahead of AGM
“We are continuing to identify a strong pipeline of store locations for further openings in 2017 and into 2018."
FTSE 100 rises as US non-farm payrolls report beats expectations
London's top tier index rose 22 points to 7,270.88 at 2.38pm after a better-than-expected US non-farm payrolls report
DP Poland looking tasty as store growth continues to deliver rising sales in fast-growing country
“The name of the game is about driving sales and footprint. EBITDA [underlying profits] will follow"
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