Domino's Pizza UK & IRL PLC
21 April 2005
For immediate release 21 April 2005
Domino's Pizza UK & IRL plc
ANNUAL GENERAL MEETING STATEMENT
AIM-listed Domino's Pizza UK & IRL plc (the 'Company' or 'Domino's'), the UK and
Ireland's leading pizza delivery company, will be holding its Annual General
Meeting at 1pm today.
Chief Executive, Stephen Hemsley, will update shareholders on current trading
and future prospects, saying:
'I am very pleased to report a strong start to the year with system sales in the
first 15 weeks to 17 April 2005 ahead 18.9% (2004: 18.0%) to £55.2m (2004:
£46.5m). In the same 15 weeks, like-for-like sales were up 8.2% (2004: 4.1%).
'Your Company's expansion programme has progressed well, with a record total of
13 new stores opened since the start of the year (2004: eight) creating
approximately 325 jobs. I am confident that everything is in place to maintain
this level of expansion and look forward to reporting another positive update on
store openings at the interim stage in July.
'I attribute this good start to a continued focus on the basics of this
business. Our ability to deliver a fresh, made-to-order pizza on time using high
quality ingredients continues to appeal to a growing number of customers in both
existing and new locations.
'As at today, there are 370 Domino's Pizza stores open and trading in the UK and
Ireland. However, with only 40% of households in these markets able to access a
Domino's delivery, there is ample room for continued growth and we have our
sights set firmly on this opportunity.
'Today also sees the retirement of our non-executive director Gerald Halpern
and, on behalf of the Company, the Board and our shareholders, I should like to
thank Gerald for his outstanding contribution.'
For further information, please contact:
Domino's Pizza UK & IRL plc
Lee Ginsberg, Finance Director 00 44 1908 580611
Bernadette Ahmed/Rachel Wattel, Press Office 00 44 1908 580693/672
or 00 44 7909 928016
Buchanan Communications
Isabel Podda / Charles Howard 020 7466 5000
Notes to Editors:
Domino's Pizza UK & IRL plc is quoted on the Alternative Investment Market of
the London Stock Exchange (symbol: DOM). Its subsidiary, Domino's Pizza Group
Limited, is the UK and Ireland leader in pizza delivery and holds the exclusive
master franchise to own, operate and franchise Domino's Pizza stores in these
markets.
This information is provided by RNS
The company news service from the London Stock Exchange
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