Dominos delivers solid growth by online sales
DOMINOS Pizza served up some hot results as their full-year report revealed double-digit growth in both sales and profits, sending shares up 5.4 per cent yesterday.
The pizza franchise saw strong growth in its domestic UK market at 9.5 per cent, with solid performances in Ireland and Switzerland – which partially offset demand going stale in Germany.
In total, the group delivered more than 14m pizzas during 2014.
One of the biggest growth areas was in the online platform which grew by over 30 per cent in the UK and Ireland, accounting for nearly 70 per cent of all deliveries.
Group revenues rose 14.6 per cent to £767m, and pre-tax profits jumped 15 per cent to £54m, gifting shareholders a 10 per cent increase in dividend to 9.7p.