DP Poland delivers EBITDA loss in H1 as rising costs bite

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Pizza stores and restaurants operator DP Poland reported a first-half loss as higher costs offset a slight climb in revenue.

For the six months ended 30 June 2021, earnings before interest, taxes, depreciation, and amortisation, or EBITDA, decreased to a loss of £14,000 even as revenue rose 0.9% to £13.7 million.

Like for like system sales in H1 increased by 0.1% year on year to £14.6 million.

'During H1, the group still had two brands predominantly operating in parallel which limited operating benefits and higher costs as a result of largely separate marketing efforts,' the company said.