DP Poland sees plenty of scope for expansion

08:29 EDT 19 Jul 2016 | Proactive Investors

The Domino’s Pizza model is operating very nicely in Poland under the auspices of DP Poland Plc (LON:DPP).

Commenting on the company’s first-half results, chief executive officer (CEO) Peter Shaw said both the corporate branches and the sub-franchisees had a strong first half.

The company continues to roll out new stores and having opened five new outlets in the first half of the financial year, Shaw expects the company will open at least that many, and probably more, in the second half.

DP Poland will be opening the new stores in cities where it already had a presence, but also in some new ones.

“There are well over 40 cities with at least a hundred thousand people in them in Poland so we’ve got great scope for expansion. We will be able to continue opening new stores in new cities for years to come,” Shaw predicted.

As its penetration grows, it will be able to start splitting existing store delivery areas to open a second store, which is “the classic Domino’s model”, the CEO said.

Original Article: DP Poland sees plenty of scope for expansion


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