Domino's Pizza celebrates successful results for first half of 2006
Domino's Pizza UK & IRL plc ("Domino's Pizza"or the "Group"), the UK and Ireland leader in pizza delivery, announces its results for the twenty-six weeks ended 2 July 2006.
- Diluted earnings per share up 27.7% to 8.77p (2005: 6.87p).
- Before 2005 accelerated LTIP charge of £0.3m and exceptional profit on sale 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 continued to be the roll-out of the Domino's Pizza system in the UK and Ireland. This has seen us further extend our market leadership in the fast-growing pizza delivery segment both in terms of the number of stores and total system sales. Five of the top ten most successful Domino's Pizza stores in the world, as measured by system sales performance, are now within the markets we manage.
'Like-for-like sales in the 357 mature stores grew by 8.3% and e-commerce channels continue to perform very well. The strong cash generation of your Group, and the anticipated completion of a capital re-organisation, should allow for further share buybacks in the second half. We are confident that earnings will meet market expectations for the year.'