Dominos Pizza FY18 net profit jumps 18.1%

Company News

by Anna Napoli

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$39.495 $0.756 1.95%
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Last Updated: 19/06/2019 3:28 PM

Dominos Pizza (ASX:DMP) has reported its net profit after tax (NPAT) rose about 18.1 per cent on FY17 to $121.5 million for the 2018 financial year.

In more good news for company, its revenue strengthened over the 2018 financial year, and lifted almost 7.5 per cent on FY17 to $1.15 billion.

Its underlying earnings before interest and tax (EBITDA) increased around 12.3 per cent on the prior year, to $259.2 million.

The company declared a final dividend of 49.7 cents, 75 per cent franked.

Dominos says growth in net profit was primarily driven by continued strong sales and new store openings across all regions.

Shares in Dominos (ASX:DMP) closed 1.79 per cent higher to $52.42 yesterday.

Anna Napoli

Finance News Network
Anna joined FNN February 2018 and also works with Channel 7 as a freelance producer. Anna has also worked as a lawyer and lecturer. She has also presented news updates for interstate news with Southern Cross Austereo.