Domino's Europe sales up 11% to EUR712.9m
The company achieved the 1,000-store milestone across the continent.
The master franchisee of Domino’s in Europe saw network sales increase by 11% to EUR712.9m, primarily bolstered by online sales.
In a trading update, Australia-listed Domino’s Pizza Enterprises also reported a 3.1% increase in same store sales growth. Aforementioned online sales contributed 24% more year-on-year.
Europe CEO Andrew Rennie says the progress in their sales was due to positive sales growth and in all countries, a number of store openings - including 77 new stores this year, integration of German Hallo Pizza chain and acquisition of the Luxembourg and Denmark franchises.
Domino’s also said it passed the 1,000-store milestone in Europe this year, with 300 stores in Germany and a 400th store set to open in France.
“With the unwinding of those short-term incentives in France, and the positive trend in sales growth over the past four months, we are looking forward to delivering an even stronger result this financial year,” Rennie said.
Domino’s global food sales has also increased by US$308.4m to US$2.9b, an 11.9% increase on the prior year.
Global online sales were up by 18.2% to US$1.9nb. More than 66 million orders were processed this year.
Group CEO and managing director Don Meij says Domino’s international operations account for more than half of their earnings and will be the largest driver of their future growth.
