Domino’s Pizza in Poland (DP Poland) has reported a 53% rise in sales across its first 12 stores between January and June and says it’s “on track” to open two further sites in 2012 as it eyes further growth. The 13-strong company also announced today that it has appointed Maciej Jania as finance director with immediate effect. He has previously worked for companies including Samsung and Coffeeheaven International. The loss before taxation and share based payments for the six months ended 30 June 2012 was £1,546,401 (H1 2011: £640,364). The revenue for this period was £744,656 (H1 2011: £69,676); “the majority of our stores were open for considerably less than one year throughout the first half of the current year,” the firm explained. Gross margin for the firm grew 64% in the first six months of the year in its first 12 stores, with like-for-likes at its first site in June up 33%. A growing proportion of sales are form on-line, it said, and marketing campaigns are producing “solid returns”. DP Poland said it’s in discussion with “certain shareholders” about provision of significant extra capital to support the growth programme and capitalise on the brand roll-out opportunity in Poland. Peter Shaw, chief executive of DP Poland, said: “The current plan is to raise up to a target of £10m, which we believe will be sufficient additional capital to fund the business through to EBITDA breakeven. While there is no certainty that any fundraising will be successful, we are in advanced discussions with a number of parties and have already received positive indications of interest. Following the conclusion of our discussions we will make an announcement regarding our future funding.” He added: “DP Poland now has a meaningful and established core estate in Poland. Our concentration of sites in Warsaw has given us the critical mass to cost effectively increase our marketing activity. We are already seeing encouraging results with increased new customers.”

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