Dominos Pizza FY profit rises 20%

Company News


Domino's Pizza Enterprises Limited (ASX:DMP) says its full year net profit rose 20 per cent to $21.4 million, coming in 5 per cent higher than guidance.  

The company that boasts it is Australia’s largest pizza maker says it makes more than 60 million pizzas per year.

The current momentum Domino’s is experiencing is expected to boost next year’s net profit by an extra 15 per cent.

Domino’s also plans to add up to 70 new stores to its network over the next year and forecasts digital orders are likely to provide 60 per cent of the business in the next 2.5 years. 

The company will pay a final fully-franked dividend of 11.5 cents per share, that together with the interim dividend of 10.4 cents per share brings the full year dividend to 21.9 cents, up 23 per cent from the year before.


Subscribe to our Daily Newsletter?

Would you like to receive our daily news to your inbox?