DP Poland PLC on Monday reported a narrowed loss during the first half of 2025, as revenue was boosted by improved system sales, and its outlook brightens following the takeover of Pizzeria 105. The Manchester-based operator of Domino’s Pizza stores across Poland and Croatia said pretax loss for the six months that ended June 30 was £409,608, narrowed from £968,215 a year earlier. Revenue rose 8.7% to £28.7 million from £26.4 million, as group system sales advanced 5.6% to £28.8 million from £27.3 million, excluding the newly acquired Pizzeria 105. DP Poland completed its acquisition of Mastergrupa SP Zoo, which trades as Pizzeria 105, in the first quarter of 2025 for 42.3zł million, around £8.5 million. Pizzeria 105 is the fourth-largest pizza brand in Poland, with 90 stores and 76 franchisees. DP Poland said in April that the acquisition was part of its new focus on franchising, as it sells down corporate stores and targets 200 Domino’s stores in Poland by the end of 2027. The company converted the first two Pizzeria 105 stores to Domino’s in July, ‘both of which are already showing positive sales growth and attracting new customers’, it said. Adjusted earnings before interest, tax, depreciation and amortisation for the group improved 23% to £2.5 million from £2.1 million the year before. ‘After a slower than expected start to H1 system sales in Poland, swift action by the team drove stronger performance in May and June...Momentum has continued post period end, with July delivering 4.8% growth and August accelerating to 13.0% growth year-on-year, driving a 5.9% increase in system sales year-to-date. In Croatia, we delivered a solid 7% increase in H1 system sales, positioning us well for planned network expansion in the second half of the year,’ said Chief Executive Officer Nils Gornall. Shares in DP Poland were down 0.3% at 8.60 pence in London on Monday afternoon. The stock remains down 16 over the past year. Gornall continued: ‘Looking ahead, I remain confident in the group’s prospects. With a clear franchise-led strategy, momentum returning to trading in Poland, rising profitability, and the Pizzeria 105 acquisition providing a platform for accelerated growth, DP Poland is well positioned for sustainable, profitable expansion and long-term market leadership.’ DP Poland expects a ‘solid performance’ in the third quarter of 2025, and said it remains ‘on track’ to meet its expectations for the fourth quarter. The company plans to open four further stores in Poland in the months ahead, and also intends to launch its first sub-franchise store in Croatia. Copyright 2025 Alliance News Ltd. All Rights Reserved.
|