Domino's Deliver Record Results
Company cites growth in online ordering, new store performance and franchisee profitability as drivers for record results.
Domino’s Pizza Group plc announces its results for the 52 weeks ended 28 December 2014.
The group’s figures were all green as it reported that its system sales increased by 14.6% to GBP 766.6 million, underlying profit before tax up by 15.1% to GBP 54.8 million, like-for-like sales growth up by 11.3% in 724 UK mature stores; and underlying profit before tax for the UK and ROI increased by 14.3% to GBP 63.1 million.
The report also showed that 44 new stores opened in 2014 with eight closures, resulting in a total of 894 stores in four countries as at 28 December 2014.
The company’s UK and ROI online system sales also increased by 30.2% to GBP 440 million, with online sales accounting for 69.4% of UK and ROI delivered sales. Of this, 44.2% of online orders were taken through a mobile device.
Commenting on the results, Domino’s CEO David Wild, said: “It has been another strong year for Domino’s, particularly in our core UK market, confirming the strength of our customer offer. Both UK like-for-like sales and new store performance were excellent and this has largely been driven by our sector-leading e-commerce initiatives. Our renewed focus on franchisee profitability has also provided an impetus to continued growth.”
