Domino's Pizza UK & IRL PLC
24 April 2003
Immediate Release Noon, 24 April 2003
Domino's Pizza UK&IRL plc
ANNUAL GENERAL MEETING STATEMENT
AIM-listed Domino's Pizza UK&IRL plc (symbol: DOM), the UK's leading pizza
delivery company, held its Annual General Meeting at noon today.
Chief Executive, Stephen Hemsley, updated shareholders on current trading and
future prospects, saying:
'System sales in the first 14 weeks of the year to 6 April 2003 were up 18.7% on
the previous year (2002: 29.0%) to £36.9m (2002: £31.1m). In the same period,
like-for-like sales were up 7.8% (2002: 19.7%).
'The first three months of the year have seen Domino's further accelerate the
rate of store openings with ten new stores opened (2002: seven), bringing the
total number of stores to date to 279. This system growth has been supported
with an ongoing marketing programme to identify franchisees and properties in
what we call 'pizza delivery deprivation zones'. These communities, currently
incorporating around 60% of UK and Republic of Ireland households, do not have
access to our delivered pizza service and we aim to change that as we continue
to expand throughout key regions.'
Mr Hemsley concluded, 'I am pleased to report a strong start to the year which
reflects our steady focus on high quality pizza and a dependable, convenient and
friendly delivery service for all our customers. Our team members' commitment to
supporting Domino's brand promises continues to result in customer loyalty and
repeat business.
'Based on growth to date, we look forward to reporting continued strong progress
at the interim stage in July.'
Note To Picture Desks
For photography please look at the Domino's section of www.newscast.co.uk or in
the Media Centre at www.dominos.uk.com
For further information, please contact:
Domino's Pizza UK & IRL plc
Bernadette Eddisford 01908 580672/07909 928016
Buchanan Communications
Isabel Petre/Catherine Miles 020 7466 5000
This information is provided by RNS
The company news service from the London Stock Exchange
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