Business
Interim Results, Trading Update & Webinar
Interim Results, Trading Update & Webinar.
About this update from Dp Poland Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 0243Q\n DP Poland PLC\n 25 October 2021\n \n \n \n \n This announcement contains inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company are responsible for the release of this announcement.\n \n \n DP Poland plc\n \n \n (\"DP Poland\" or the \"Group\")\n \n \n Interim Results, Trading Update and Investor Presentation\n \n \n DP Poland, the operator of pizza stores and restaurants across Poland, announces its unaudited results for the six months ended 30 June 2021. Extracts from the Group's Interim Report are included at the end of this announcement.\n \n \n Financial Highlights\n \n \n · \n Like for like System Sales in H1 increased by 0.1% year on year to £14.6m (being H1 2021 and H1 2020 on a consolidated basis)\n \n \n o \n Like for like decrease of 1.6% in Q1\n \n \n o \n Like for like increase of 9.3% in Q2\n \n \n o \n Like for like increase of 0.7% in Q3\n \n \n · \n EBITDA decreased to a loss of £14k\n \n \n · \n Cash at bank of £1.4m as at 30 June 2021 (£0.3m as at 30 June 2020)\n \n \n Operational Highlights\n \n \n · \n The integration with Dominium was completed in July 2021\n \n \n · \n A new integrated website was launched, followed by launch of the Android and iOS app\n \n \n · \n Commissaries have been expanded and currently supply the entire network\n \n \n · \n The new menu, built on best-selling items, was introduced during Summer 2021\n \n \n \n \n \n Unaudited Pro Forma Information\n \n \n The Group sets out below unaudited, consolidated pro forma financial information for illustrative purposes only, to provide information about how the acquisition of Dominium S.A., which completed on 8 January 2021, has affected the trading results of the Group for the six months ended 30 June 2021.\n \n \n \n \n \n \n £'000\n \n \n \n \n H1 2020\n \n \n \n \n H1 2021\n \n \n \n \n % change\n \n \n \n \n \n \n System Sales\n \n \n \n \n 14,507 \n \n \n \n \n 14,576 \n \n \n \n \n 0.1% \n \n \n \n \n \n \n Revenue\n \n \n \n \n 13,687 \n \n \n \n \n 13,813 \n \n \n \n \n 0.9%\n \n \n \n \n \n \n EBITDA*\n \n \n \n \n 189 \n \n \n \n \n - 14 \n \n \n \n \n -107.5%\n \n \n \n \n \n \n margin %\n \n \n \n \n 1.4%\n \n \n \n \n -0.1%\n \n \n \n \n \n \n \n \n \n Loss for th...