DP Poland, the London-listed operator of the Domino’s Pizza brand in Poland, has announced a narrowed pretax loss of £1.6 million in the first half of the year, compared to a loss of £2.2 million in the same period last year. The company attributed this improvement to strong sales performance in Poland and the opening of a third store in Croatia.
Revenue Growth and Increased System Sales
Total revenue for DP Poland increased to £21.0 million, up from £16.6 million in the previous year. This growth was mainly driven by a 21% increase in revenue in Poland, reaching £20.1 million. Meanwhile, group system sales rose by 25% to £21.4 million, fueled by the new store opening in Croatia.
Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) Soar
The company also saw a significant jump in earnings before interest, taxes, depreciation, and amortization (EBITDA), which rose to £1.05 million from £388,000 in the same period last year.
Positive Outlook for Second Half
Despite a weaker performance in Croatia during the summer season, DP Poland remains optimistic about the second half of the year. The company expects continued improvement in profitability as sales continue to grow. In line with this positive outlook, DP Poland plans to open two additional stores in Poland and one in Croatia in the coming months.
For more information, please contact DP Poland directly.