Written by dppolandAdmin on 5th May 2017. Posted in Regulatory News

DP Poland PLC ('DP Poland or the 'Company')

Ahead of today's Annual General Meeting, to be held at 11am, DP Poland announces a trading update for the period from 1 January 2017 to date.

  • Trading in line with management expectations
  • 21% like-for-like* growth in System Sales** Q1 2017
  • 8 new stores opened to-date in 2017
  • 43 stores in 16 towns and cities
  • Pipeline of more store openings for 2017 and 2018
  • New commissary under construction

Peter Shaw, Chief Executive of DP Poland said:

'2017 has started positively with 21% like-for-like System Sales growth in the first quarter. We have opened 8 stores to date in 2017, an unprecedented number in just over 4 months. We are continuing to identify a strong pipeline of store locations for further openings in 2017 and into 2018.'

5 May 2017

This announcement contains inside information for the purposes of the Market Abuse Regulation

Enquiries:

  • 020 3393 6954DP Poland PLC
  • Peter Shaw, Chief Executive
  • 020 7418 8900Peel Hunt
  • Adrian Trimmings/George Sellar
* Like-for-like growth in PLN, matching trading periods for the same stores between 1 January and 31 March 2016 and 1 January and 31 March 2017

** System Sales - total retail sales including sales from corporate and sub-franchised stores, unaudited.

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DP Poland plc published this content on 05 May 2017 and is solely responsible for the information contained herein.
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