Today’s Y/E update highlights trading momentum building strongly since the Oct interims, with Q4 LFL’s up a very strong 11% vs the more meaningful 2019 comp. Full year System sales are 3% ahead of our forecast. This is highly pleasing and shows integration benefits flowing through post lockdown restrictions easing. DPP however has not been immune to wider sector inflationary pressures and these have not been fully offset by the strong top-line. Not a huge surprise but it means a £0.4m reduction ....
17 Jan 2022
Excellent Q4 top-line tempered by inflationary backdrop
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Excellent Q4 top-line tempered by inflationary backdrop
DP Poland PLC (DPP:LON) | 11.5 0 0.0% | Mkt Cap: 81.9m
- Published:
17 Jan 2022 -
Author:
Sahill Shan -
Pages:
4
Today’s Y/E update highlights trading momentum building strongly since the Oct interims, with Q4 LFL’s up a very strong 11% vs the more meaningful 2019 comp. Full year System sales are 3% ahead of our forecast. This is highly pleasing and shows integration benefits flowing through post lockdown restrictions easing. DPP however has not been immune to wider sector inflationary pressures and these have not been fully offset by the strong top-line. Not a huge surprise but it means a £0.4m reduction ....