Dp Poland Plc · LSE:DPP
Dp Poland — H1 2021 Earnings Presentation
14 slides from Dp Poland's earnings presentation, October 2021
Slide 1: Financial Update
DP Poland plc Financial Update October 2021 2020 Poland Business Review DPI Content Guidelines 1
Slide 2: Legal Disclaimer
Legal Disclaimer This trading update presentation (the “Presentation”) has been prepared by DP Poland PLC (the “Company”) in respect of its group (the “Group”) and contains inside information as stipulated under the UK version of the Market Abuse Regulation (EU No. 596/2014) as it forms part of UK l
Slide 3: Review of HY 2021
REVIEW OF HY 2021
Slide 4: Operational Integration Complete
OPERATIONAL INTEGRATION COMPLETE Action point Status Restaurant conversion ✓ signages replaced and makelines purchased and installed ✓ fresh dough implemented across the network - walk-in chiller rooms upgraded and refrigeration units purchased and installed ✓ stainless steel trays purchased and sto
Slide 5: Unaudited Pro Forma Consolidated Statement, Months to June 2021
UNAUDITED PRO FORMA CONSOLIDATED STATEMENT 6 MONTHS TO 30 JUNE 2021 Basis for preparation Unaudited UnauditedPro-forma unaudited H1 2021 unaudited figures include the business of DP Poland plc as 6 months to 6 months to 6 months to 30.06.21 30.06.20 30.06.20 well as Dominium SA. £ £ £ Comparative un
Slide 6: Pro Active Approach to Issues Faced During 2021
PRO ACTIVE APPROACH TO ISSUES FACED DURING 2021 • Price increases effective from June 2021 but more action needed Inflation of 5.9% in Poland • Taking advantage of increased purchasing power in negotiations • Inflation of ingredients 15% with suppliers • 18% of employees recruited from outside of Po
Slide 7: Current Trading Update
CURRENT TRADING UPDATE
Slide 8: Unaudited Trading Update – 9 Months 2021
UNAUDITED TRADING UPDATE – 9 MONTHS 2021 H1 – two concepts still working in parallel Two brands operated in parallel: limited operating benefits, largely separate marketing efforts Overlapping delivery areas – brands still delivering in parallel Q3 – learning curve Some churn of Dominium customers f
Slide 9: Continuous Improvement in Profitability
CONTINUOUS IMPROVEMENT IN PROFITABILITY Integration synergies extracted over time Lead time of restructuring efforts: cost benefits delayed by notice periods Illustrative monthly EBITDA performance Conversion of Dominium restaurants spread over time Illustrative monthly EBITDA performance Learning c
Slide 10: Recent Trading Insights – Sales Performance in Oct 2021
RECENT TRADING INSIGHTS – SALES PERFORMANCE IN OCT 2021 LFL performance vs. 2019 Strong trading performance in the first half of October 2021 45,0% 41,0% 40,0% ✓ Trading for the initial 17 days of October shows strong double-digit growth compared to 2020 35,0% as well as 2019 30,0% 26,1% 25,0% 20,0%
Slide 11: Follow Domino's Best Practice – Dominate Market
FOLLOW DOMINO’S BEST PRACTICE – DOMINATE MARKET 50 Differentiating Factors: 32 DPP dominant in Warsaw 26 22 Menu caters for various dietary thanks to Project Dream requirements 15 *by number of stores Domino's Pizza Hut Telepizza Da Grasso Biesiadowo Opportunity to Desirable locations 193 grow 156 P
Slide 12: Opportunity
OPPORTUNITY DPP 2000 Latest store count 1675 Potential 1158 1200 ? 1000 1000 Store growth 863 800 700 541 466500 449 400 370 344350 327 Source: Domino's Pizza International € 300 000 € 250 000 € 200 000 Store profitability € 150 000 ? € 100 000 € 50 000 €0 Domino's Pizza Domino's Pizza Domino's Pizz
Slide 13: Outlook and Summary
OUTLOOK AND SUMMARY
Slide 14: Outlook for Q4 2021 and Beyond
OUTLOOK FOR Q4 2021 AND BEYOND ✓ Continued LFL revenue growth, expected to be driven by: ✓ improved market backdrop (customers returning to cities, dine-in) ✓ better value proposition to customers (delivery times, convenience) ✓ further enhancement of digital marketing ✓ Pricing / promo adjustment o