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Domino's Pizza - Long-term build out target of 800 stores

September 2005

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • DOM
  • Price:
  • 333.5p
Strong first half results from Domino's with pretax profit before exceptionals up 21% to £5.1m. Earnings were up 38% to 8p. Domino’s opened 23 new stores in H1 bringing the total to 380. That was four more than H1 last year and was helped by the new A5 licensing classification which has enabled Domino’s to get site approvals quickly. As a result, the expectation is that 40-45 stores will open this year. Like-for-like sales were up 8.4% based on 317 stores while the key business driver, system sales, increased by 19% to £97m. That was helped by sales of new products such as the Cheese Steak Melt pizza and was against weak comparables of H1 last year (4.9% like-for-like based on 268 stores) when trade ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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