IN BRIEF: DP Poland reports strong sales growth, sees earnings in line

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DP Poland PLC - Birmingham, England-based operator of Domino’s pizza stores and restaurants across Poland and Croatia - Issues trading update for first quarter to March 31. Expects EBITDA for financial year 2022 to be in line with market expectations. Reports like-for-like sales growth of 19.2% in the quarter compared to a year prior, despite inflationary pressures, with sales in Croatia rising 15.7% and in Poland by 19.4%. Notes first signs pricing pressures are easing on food with some costs expected to fall in the second quarter.

Current stock price: 9.15 pence each, up 2.8% on Thursday in London

12-month change: up 16%

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