Scoop has an Ethical Paywall
Work smarter with a Pro licence Learn More

Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Domino’s reports record profit and increases dividend

ASX/MEDIA ANNOUNCEMENT 14 August 2018

Domino’s reports record profit and increases dividend on higher sales

Domino’s Pizza Enterprises Ltd (ASX:DMP) has reported a record Full Year Net Profit After Tax (NPAT) of $136.2m, +15.0% higher than the previous Financial Year (FY),and lifted its full year dividend +15.5% to 107.8 cents per share, based on growing sales in all markets.

With the Company adding almost six stores a week in FY18; building 145 new stores and acquiring 163 stores from other brands, total sales grew +11.7% to $2.59 billion.

When compared to the same stores in the previous year (Same Store Sales), sales in all markets were positive in Australia (+4.5%), Europe (+5.7%) and Japan (+0.9%), after compounding successive years of high growth.

Group cash flow was substantially stronger in FY18, with free cash flow before acquisitions increasing +125.8% to $120.6m, underlying earnings per share (EPS) growth of +14.4% for the year, and compound annual EPS growth of 27.2% over the past three years.

Group CEO and Managing Director Don Meij said the Company was pleased to be delivering on its multi-market strategy.

“Less than four years ago we surpassed $1 billion in sales, and this year Group Network Sales reached $2.59 billion – this continues to be a fast growth business,” Mr Meij said.

“We delivered positive growth in all markets but after consecutive years of significant and compounding growth, our bar for success is even higher.”

Full announcement: FY18_Media_Release.pdf

Advertisement - scroll to continue reading

Are you getting our free newsletter?

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Business Headlines | Sci-Tech Headlines

 
GenPro: General Practices Begin Issuing Clause 14 Notices

GenPro has been copied into a rising number of Clause 14 notices issued since the NZNO lodged its Primary Practice Pay Equity Claim against General Practice employers in December 2023.More

SPADA: Screen Industry Unites For Streaming Platform Regulation & Intellectual Property Protections

In an unprecedented international collaboration, representatives of screen producing organisations from around the world have released a joint statement.More

 
 
 
 
 
 
 
 
 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.