United KingdomBusinessDomino's Pizza demolishes gross sales in Central Europe

Domino’s Pizza demolishes gross sales in Central Europe

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DP Poland is the proprietor of Domino’s Pizza in Poland and Croatia.

Increased want for pizza all through Poland and Croatia aided gross sales leap on the proprietor of Domino’s in each European nations, in keeping with brand-new numbers.

DP Poland, which runs Domino’s Pizza retailers and eating institutions all through Poland and Croatia, has truly acquired system gross sales of ₤ 55.4 m for 2024 after being able to attract in brand-new shoppers.

In Poland, general system gross sales noticed a 15.9 % surge 12 months on 12 months, and a 17.9 % increase on a like for like foundation.

The typical as soon as every week order matter likewise expanded by 13.2 % to 827 within the twelve month.

In Croatia, gross sales leapt by 40.2 % 12 months on 12 months and 6 % on a like for like foundation. Average as soon as every week orders stayed safe at higher than 1,200.

In a statement offered to the London Stock Exchange, DP Poland acknowledged: “Pressures on energy, rental payment and energies costs diminished in H2 2024 and rising price of residing in Poland has truly decreased to three.9 % by year-end.

“Revised charges methods have truly been introduced to {the marketplace} in This autumn 2024, sustaining the agency’s putting the identical versus rivals and have truly confirmed dependable in sustaining shopper contentment whereas sustaining productiveness.

‘Another year of outstanding growth’

DP Poland’s president, Nils Gornall, acknowledged: “2024 has truly been another 12 months of spectacular growth for DP Poland, exhibiting our proceeded focus on implementation and useful high quality.

“Despite a tricky macroeconomic environment and a excessive relative base from a doc 2023, we maintained stable gross sales growth whereas dashing up the rollout of brand-new retailers and broadening our franchising initiatives.

“In Poland, our procedures completed a third successive 12 months of double-digit like-for-like (LFL) system gross sales growth, growing by 17.9 %, pushed by growing order portions and brand-new shopper procurement.

“We have truly developed our charges strategy, boosted shopper price and completed record-breaking levels in each gross sales and orders within the 4th quarter, putting us properly for continuous effectivity in 2025.

” 2024 noticed the workforce attain fixed pre-IFRS16 EBITDA productiveness in Poland for the very first time, exhibiting our regimented expense administration and focus on productiveness.

“With an expanded and optimised store network, the initiation of a franchising model, and a debt-free balance sheet, we are confident in our ability to capitalise on the opportunities ahead.”

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