Domino’s Pizza Enterprises
(ASX:DMP) has announced a 28.8 percent increase on its Net Profit After Tax scoring $118.5 million compared to the prior corresponding period.
Group revenue for the pizza food chain exceeded $1 billion for the first time in FY17, which was a 15.4 per cent increase on the prior corresponding period.
The business also saw a 23 per cent rise in its EBITDA, coming in at a record $230.9 million.
The pizza giant saw network sales rise 18 per cent to about $2.3 billion in FY17, saying it menu enhancements, digital reach and opening of 178 stores generated the positive results.
The company will pay a dividend of 44.9 cents per share, 50 per cent franked.
Shares in Domino’s Pizza Enterprises
(ASX:DMP) are trading 13.83% lower to $44.04.
