DPP announced this morning that, while EBITDA for 2018 will be broadly in line with expectations, revenue will be lower, due to unseasonally warm weather and competitive marketing activity by delivery aggregators. The company is cautious about the impact of the above issues continuing into 2019, and so we have cut our forecasts for the next few years, effectively pushing back the path to profitability by a year. This means, in our view, that the company is likely to need some additional fundi
12 Dec 2018
Slowing revenue growth
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Slowing revenue growth
DP Poland PLC (DPP:LON) | 11.2 0 0.0% | Mkt Cap: 103.5m
- Published:
12 Dec 2018 -
Author:
Jason Street -
Pages:
6
DPP announced this morning that, while EBITDA for 2018 will be broadly in line with expectations, revenue will be lower, due to unseasonally warm weather and competitive marketing activity by delivery aggregators. The company is cautious about the impact of the above issues continuing into 2019, and so we have cut our forecasts for the next few years, effectively pushing back the path to profitability by a year. This means, in our view, that the company is likely to need some additional fundi