Pizza company DP Eurasia full year sales jump 77%

  • 📰 RTEbusiness
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 61%

Canada News News

DP Eurasia, which runs the Domino's Pizza brand in Turkey and Russia, continues to consider its presence in Russia after delivering a jump in full-year sales.

The London-listed firm said system sales, which include sales from its own and franchised stores, rose 76.5% to 4.21 billion Turkish lira .DP said the growth was achieved due to network expansion and strategic pricing, as well as high demand from its coffee shop chain.

The company added that it was still evaluating its presence in Russia and had closed 29 stores in the country in 2022, bringing the number of outlets to 159 as of December 31. DP said in late December it was considering options for its Russian operations, including a divestment. While many Western companies, including McDonald's pulled out of Russia after Moscow's invasion of Ukraine began last February, DP Eurasia said in April it planned to stay, but would limit investment there.It said it anticipates its adjusted earnings before interest, taxes, depreciation and amortisation for 2022 to come ahead of current market expectations.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 16. in CA

Canada Canada Latest News, Canada Canada Headlines