The key news accompanying today’s Y/E update is that good progress is being made in integrating the Dominium business, with targeted cost synergies on track. This should be welcomed by investors. As should a useful 3% FY20 revenue beat for the old DPP business vs our forecast and LFL sales accelerating to 11% in H2-20. The expectation is that current lockdown restrictions in Poland will partially ease in Q2, allowing the dine-in business to also prosper and grow alongside the strong delivery mod ....
31 Mar 2021
Reassuring Y/E trading and integration update
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Reassuring Y/E trading and integration update
DP Poland PLC (DPP:LON) | 11.5 -0.1 (-9.4%) | Mkt Cap: 81.9m
- Published:
31 Mar 2021 -
Author:
Sahill Shan -
Pages:
3
The key news accompanying today’s Y/E update is that good progress is being made in integrating the Dominium business, with targeted cost synergies on track. This should be welcomed by investors. As should a useful 3% FY20 revenue beat for the old DPP business vs our forecast and LFL sales accelerating to 11% in H2-20. The expectation is that current lockdown restrictions in Poland will partially ease in Q2, allowing the dine-in business to also prosper and grow alongside the strong delivery mod ....