DP Eurasia’s (DPEU’s) H118 trading statement highlighted the company’s progress in tapping the under-penetrated Russian and Turkish pizza markets. Online sales continue to grow as a proportion of system sales following app upgrades in 2017. High barriers to entry in the Russian market, coupled with challenging weather and traffic, have restricted geographic diversity. However, with 4.3x more stores in Turkey than the number two competitor, we believe the maturing base and th
18 Jul 2018
DP Eurasia - Domino’s in Russia and Turkey
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DP Eurasia - Domino’s in Russia and Turkey
DP Eurasia NV (D5P:FRA) | 0 0 (-1.3%) | Mkt Cap: 50.2m
- Published:
18 Jul 2018 -
Author:
Paul Hickman -
Pages:
2
DP Eurasia’s (DPEU’s) H118 trading statement highlighted the company’s progress in tapping the under-penetrated Russian and Turkish pizza markets. Online sales continue to grow as a proportion of system sales following app upgrades in 2017. High barriers to entry in the Russian market, coupled with challenging weather and traffic, have restricted geographic diversity. However, with 4.3x more stores in Turkey than the number two competitor, we believe the maturing base and th