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DP Poland a 'double-whammy investment' says Capital Network's Ed Birkin

DP Poland Plc (LON:DPP) has recently raised £3.2 million to accelerate its store opening programme across Poland.

The AIM-listed Domino’s Pizza master franchise owner said the extra cash will mean they can add a further 20 outlets to its roll-out across the country – and they’re aiming to get 100 stores by 2020.

Capital Network's Ed Birkin tells Proactive: I think they're very exciting. At the moment investors are looking for a safe place to put their money and growth has always been appealing. At the moment they're doing like-for-like growth of 28% and total sales growth of over 70% - so you're getting this double-whammy where you are getting very impressive like-for-like growth numbers which is combined with a strong store roll-out programme.''

''I do think that when the market cap gets to a certain level and they start getting cash flow positive, which should happen in the next couple of years, then it will definitely be on the horizon of a number of big institutional investors'', Birkin added.

Quick facts: DP Poland PLC

Price: 4.4 GBX

AIM:DPP
Market: AIM
Market Cap: £11.16 m
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World Cup adds spice to bumper first half for DP Poland

DP Poland Plc's  (LON:DPP) Peter Shaw tells Proactive Investors system sales grew 38% in the first half of 2018 as a result of double digit like-for-like sales growth and sales from non-like-for-like stores. He adds that the proportion of sales ordered online has continued to grow...

on 19/7/18

2 min read