Highlights
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Profit before tax* increased 24.5% to £6.3m (2005: £5.0m). Unadjustedprofit before tax of £6.3m (2005: £5.5m) increased by 13.4%.Earnings per share*:- Basic earnings per share up 31.2% to 9.18p (2005: 7.00p)- Diluted earnings per share up 27.7% to 8.77p (2005: 6.87p).
Interim dividend increased 33.9% to 4.15p per share (2005: 3.10p).21 new stores opened in the period (2005: 23 stores). No stores wereclosed (2005: nil) resulting in a total of 428 stores at the period end(2005: 380 stores).Like-for-like sales in 357 mature stores up 8.3% (2005: 8.4% in 317stores). System sales increased 18.3% to £114.8m (2005: £97.1m).E-commerce sales up 46.9% to £9.6m (2005: £6.5m). E-commerce nowrepresents 12.3% of our delivered pizza sales in the UK.Cash at bank and in hand of £8.6m (2005: £8.5m).- Before 2005 accelerated LTIP charge of £0.3m and exceptional profit onsale of corporate stores of £0.8m.
Stephen Hemsley, Chief Executive of Domino's Pizza UK & IRL plc, commented:
'The focus of your Group in the first twenty-six weeks of 2006 has continuedto be the roll-out of the Domino's Pizza system in the UK and Ireland. Thishas seen us further extend our market leadership in the fast-growing pizzadelivery segment both in terms of the number of stores and total systemsales. Five of the top ten most successful Domino's Pizza stores in theworld, as measured by system sales performance, are now within the marketswe manage.
'Like-for-like sales in the 357 mature stores grew by 8.3% and e-commercechannels continue to perform very well. The strong cash generation of yourGroup, and the anticipated completion of a capital re-organisation, shouldallow for further share buybacks in the second half. We are confident thatearnings will meet market expectations for the year.'
Published: 1 August 2006
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