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.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Banks: Westpac Keeps Core Government Transactions Contract

The local arm of Westpac Banking Corp has kept its contract with the New Zealand government to provide core transactions, but will have to share peripheral services with its rivals. More>>


Science Investment Plan: Universities Welcome Statement

Universities New Zealand has welcomed the National Statement of Science Investment released by the Government today... this is a critical document as it sets out the Government’s ten-year strategic direction that will guide future investment in New Zealand’s science system. More>>


Scouring: Cavalier Merger Would Extract 'Monopoly Rents' - Godfrey Hirst

A merger of Cavalier Wool Holdings and New Zealand Wool Services International's two wool scouring operations would create a monopoly, says carpet maker Godfrey Hirst. The Commerce Commission on Friday released its second draft determination on the merger, maintaining its view that the public benefits would outweigh the loss of competition. More>>


Scoop Review Of Books: She Means Business

As Foreman says in her conclusion, this is a business book. It opens with a brief biographical section followed by a collection of interesting tips for entrepreneurs... More>>


Hourly Wage Gap Grows: Gender Pay Gap Still Fixed At Fourteen Percent

“The totally unchanged pay gap is a slap in the face for women, families and the economy,” says Coalition spokesperson, Angela McLeod. Even worse, Māori and Pacific women face an outrageous pay gap of 28% and 33% when compared with the pay packets of Pākehā men. More>>


Housing: English On Housing Affordability And The Economy

"Long lead times in the planning process tend to drive prices higher in the upswing of the housing cycle. And those lead times increase the risk that eight years later, when additional supply arrives, the demand shock that spurred the additional supply has reversed. The resulting excess supply could produce a price crash..." More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news