Hardman & Co Research
Hardman & Co Research: DP Poland (DPP): FY19 interim results announced
25-Sep-2019 / 14:50 GMT/BST
Hardman & Co Research: FY19 interim results announced
DPP has announced FY19 interim results in line with the trading update given
in July. Growth has been restored following tricky comparisons with
January/February last year. System sales, like-for-like, were positive in the
first three months of 2H, and performance was in line with management
expectations. Four new stores have opened, with two more in the pipeline, and
three corporate stores have been sold to sub-franchisees. The partnership with
the aggregator Pyzszne is said to be positive. The company's stated growth
focus is on splitting territories and finding more sub-franchisees. A new
General Manager has been appointed. We are putting through no changes to our
forecasts.
Please click on the link below for the full report:
https://www.hardmanandco.com/research/corporate-research/fy19-interim-results-
announced/ [1]
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by clicking on the above link
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End of Announcement - EQS News Service
879853 25-Sep-2019
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2: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=5a632f52f80bd372265e4041a743aa1c&application_id=879853&site_id=vwd&application_name=news
(END) Dow Jones Newswires
September 25, 2019 09:50 ET (13:50 GMT)
