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DP Poland Plc talks rising dough from sales growth and Domino’s Pizza store openings in Poland

DP Poland Plc (LON:DPP) chief executive Peter Shaw talks to Proactive Investors’ Stocktube about the continuing expansion of the Domino’s Pizza franchise business in Poland.
Financial results released this morning showed narrowed losses in the first half of the year thanks to a 28% rise in like-for-like sales and a 57% increase in total sales to £3.2mln. It marks the fifteenth successive quarters of double digit like-for-like sales growth.
Investors now look to the bottom line.
“Group EBITDA tends to lag the actual investment in the resource required to feed this roll-out,” Shaw said.
“As we’ve recruited people, as our distribution costs increase, we will see sales catch up and overtake, so proportionally what we will see is both direct and indirect costs become less and less significant as sales grow.”
Shaw also talks about the group’s pipeline of new store openings and discusses growth via sub-franchising.

 
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