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

 


Acquisition Helps Deliver Outstanding Full Year Results

Media Announcement – ASX

Domino’s Pizza Enterprises Limited (DMP) FY14 Results Summary

Domino’s Pizza Enterprises Limited (DMP) today announced an Underlying[1] Net Profit After Tax of $45.8m, an increase of 50.4% on the previous year, with the Company’s expansion in Japan proving profitable.

In the first full year results reported since the 75% shareholding acquisition in Domino’s Pizza Japan (DPJ), DMP has reported an impressive Underlying EBITDA of $95.1m, a 70.0% increase from the corresponding period last year, of which Japan has contributed an Underlying EBITDA of $27.4m.

Strong trading results in ANZ, structural changes gaining momentum in Europe, as well as Japan’s store relocation strategy and TV advertising have also contributed to the impressive results.

The Group achieved Same Store Sales (SSS) growth of 5.8% which included strong SSS in ANZ 6.3%, significantly improved SSS in H214 in Europe 4.6% despite a VAT increase, and impressive SSS in Japan for the period under DPE ownership 10.7%.

DMP will pay shareholders a final fully-franked dividend of 19.0 cents per share, in addition to the interim dividend of 17.7 cents per share. This brings the full year dividend to 36.7 cents per share, an 18.8% increase over the prior year

DMP has added a record number of new stores across the Group including 44 new stores in ANZ, 27 to the European network and 61 new stores added in the full financial year for Japan.

The Company confirms EBITDA Guidance for the Group in the region of 20% and will add approximately 175-185 new stores to the network.

DMP trading update for the first five weeks of FY15 includes impressive double digit SSS growth of 14.8% in Europe compared to the SSS -5.0% at the same time last year. SSS in ANZ is also solid with 10.3% compared to 4.7% at the corresponding time last year. Japan recorded a 6.9% SSS in the first six weeks of FY15. The Company has also opened 14 new stores in the Group in the six week period.


Dominos_FY14_Results_Announcement_New_Zealand.pdf

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Maritime: Navigation Safety Review Raises Big Issues For The Govt

Shipping Federation: "The reports makes it clear that the ratification of the Maritime Labour convention (MLC) is long overdue. Only when the MLC is ratified will Maritime NZ be able to inspect and enforce the labour conditions on international ships visiting our ports." More>>

ALSO:

100 Years After Einstein Prediction: Gravitational Waves Found

For the first time, scientists have observed ripples in the fabric of spacetime called gravitational waves, arriving at the earth from a cataclysmic event in the distant universe. This confirms a major prediction of Albert Einstein’s 1915 general theory of relativity and opens an unprecedented new window onto the cosmos. More>>

ALSO:

Farming: Alliance Plans To Start Docking Farmer Payments

Alliance Group, New Zealand's second-largest meat cooperative, plans to start withholding some stock payments to its farmers from next week to bolster its balance sheet and force suppliers to meet their share requirements. More>>

ALSO:

Gambling: SkyCity First Half Profit Rises 30%, Helped By High Rollers

SkyCity anticipates the Auckland business will benefit from government gaming concessions which were triggered on Nov. 11 in recognition of SkyCity’s $470 million Convention Centre development. Morrison said the concessions would allow the Auckland business to lift its activity during peak period, noting it had a record revenue week over the Christmas and New Year period. More>>

ALSO:

Money For Light: Kiwi Scientists Secure Preferential Access To Synchrotron

Science and Innovation Minister Steven Joyce today announced a three-year investment of $2.8 million in the Australian Synchrotron, the largest piece of scientific infrastructure in the Southern Hemisphere, to secure preferential access for Kiwi scientists. More>>

Telco Industry Report: Investment Hits $1.7 Bln A Year

Investment in the telecommunications sector is $1.7 billion a year, proportionately one of the highest levels in the OECD, according to a report released today on the status of the New Zealand sector. More>>

ALSO:

PGPs: New Programme Sets Sights On Strong Wool

A new collaboration between The New Zealand Merino Company (NZM) and the Ministry for Primary Industries (MPI), announced today, aims to deliver premiums for New Zealand's strong wool sector... More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news