DP Poland, Finsbury Food and Dairy Crest

“Blue-chips opened strongly following the softer session on Wall Street overnight Friday and gains on Asia this morning with miners, oil majors, banks and house builders ahead,  the latter gaining as house prices surged in September.,” says AJ Bell Investment Director Russ Mould.

“DP Poland maintained its strong rise in sales as the Polish appetite for pizza continues to grow. The Domino’s Pizza franchise holder saw like-for-like system sales increase by 28% in the first half although the cost of expansion meant that it remained in the red. But improvement in earnings will accelerate as the growth in overheads necessary for rapid expansion become proportionately less significant to accelerating sales.

“Finsbury Food’s shares edged up in early trading after a strong rise in revenues and profits. The group continues to invest across all aspects of the business, diversifying into new channels and widening its customer base.

“Dairy Crest expects half year profit to be ahead of last year and its forecasts for the full year remain unchanged. Its four key brands, Cathedral City, Country Life, Clover and Frylight, are ahead of last year. Margins have improved following positive consumer reaction to the new packaging and marketing campaign.”

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