DP Poland plc (GB:DPP) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
DP Poland PLC reports a robust 20.7% increase in delivery sales and a 25.3% rise in like-for-like system sales for the year 2023, buoyed by product innovation and efficiency drives, with a significant 89% of delivery orders made online. The company also eyes expansion with plans to open 45-50 new stores and transition to a franchise model, riding on the back of continued strong growth into 2024 and the successful integration of Domino’s Pizza in Poland and Croatia. Despite the positive sales growth, the company recorded a group loss, which has narrowed year over year.
For further insights into GB:DPP stock, check out TipRanks’ Stock Analysis page.
