Domino’s reports $92M profit

Company News

by David Chau

Domino’s Pizza Enterprises Ltd (ASX:DMP) has reported its underlying net profit was $92 million in the 2016 financial year.

The pizza franchise says this profit figure exceeded its guidance, and was an increase of 43.6%, compared to the same period last year.

Other highlights from Domino’s are that its revenue grew by 32.4% to $930.2 million, and its earnings before interest tax rose 40.9% to $180 million.

Finally, the company says it will pay a dividend of 38.8 cents per share, 70% franked – which will be paid to shareholders on 7 September.

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