Posted:04-March-2005

Domino’s Pizza’s Preliminary Results

Domino’s Pizza UK & IRL plc is pleased to announce its preliminary results for the 53 weeks ended 2 January 2005. A summary of key points follows.

Pre-tax profit up 34.9% to £8.8m (2003: £6.5m)

Underlying operating profits up 40.6% before sale of assets and exceptional charges to £9.1m (2003: £6.5m)

Earnings per share:
- Basic earnings per share up 46.7% to 13.23 pence (2003: 9.02p)
- Diluted earnings per share up 51.0% to 12.67 pence (2003: 8.39p)

Total dividend up 50.0% to 5.25p per share for the year (2003: 3.50p per share)
System sales up 22.5% to £174.3m (2003: £142.3m)
40 new delivery stores opened (2003: 50) and one store closed, bringing year-end store count to 357 (2003: 318)
Like-for-like sales of mature stores up 6.6% (2003: 7.4%)
Commencement of share buyback programme with 800,000 shares acquired at a cost of £1.6m (2003: £nil).

Stephen Hemsley, Chief Executive of Domino’s Pizza, commented:

"2004 was another very successful year for your Company with sales reaching record levels both system-wide and at store level. Profitability also continued to grow very strongly as the benefits of our high operational gearing became still more apparent.

“Trading in the first six weeks of the current year has got off to a good start with like-for-like sales up 6.6%. Our store opening programme is also well on track to achieve our targets. We have made a promising start to 2005 and therefore look forward to the year with confidence.”

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Domino’s Pizza’s Preliminary Results

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