DP Poland has issued a scheduled AGM trading update covering the first 5 months of the year. Trading for the period is reported to be broadly in line with management’s expectations. The update adds a bit more colour around the Covid19 impact. Briefly, LFL’s declined to -14% in the last two weeks of March but significantly as Polish consumers adapted to the lockdown restrictions and gravitated to online channels, LFL’s quickly recovered to a robust +3% over April and May, with total system sales ....
26 Jun 2020
AGM update highlights steady momentum
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AGM update highlights steady momentum
DP Poland PLC (DPP:LON) | 11.5 -0.1 (-9.4%) | Mkt Cap: 81.9m
- Published:
26 Jun 2020 -
Author:
Sahill Shan -
Pages:
3
DP Poland has issued a scheduled AGM trading update covering the first 5 months of the year. Trading for the period is reported to be broadly in line with management’s expectations. The update adds a bit more colour around the Covid19 impact. Briefly, LFL’s declined to -14% in the last two weeks of March but significantly as Polish consumers adapted to the lockdown restrictions and gravitated to online channels, LFL’s quickly recovered to a robust +3% over April and May, with total system sales ....