Domino's Pizza UK & IRL PLC
25 April 2002
Immediate Release 25 April 2002
Domino's Pizza UK&IRL plc
ANNUAL GENERAL MEETING STATEMENT
Domino's Pizza UK&IRL plc (symbol: DOM), the AIM listed pizza delivery company,
holds its Annual General Meeting at 12 noon today.
Chief Executive, Stephen Hemsley, will address attendees at the meeting on
current trading and the outlook for the year, saying:
'System sales in the first 15 weeks of the year to 14 April 2002 were up 28.8%
on the previous year (2001: 31.2%) to £33.1m (2001: £25.7m). In the same period
average weekly unit sales for all Domino's delivery stores increased by 16.2% to
£9,215 (2001: £7,931). Like-for-like sales were up 19.5% (2001: 20.3%) to £9,515
(2001: £7962).'
'Mintel's February 2002 Pizza and Pasta report states that our market grew by an
estimated 7% in 2001. Based on this research, Domino's Pizza has out-stripped
the market four-fold and this is very positive news.'
'The first three months of the year has seen Domino's continuing to build on its
position as leader in pizza delivery. During the period we have opened seven new
stores (2001: six) taking the total number of Domino's stores in the UK and
Ireland to 244 at the end of the period.'
'The benefits of our TV advertising campaign and firm focus on quality continue
to reinforce our position and we have further strengthened our property
acquisitions and franchise sales teams in order to step up our roll-out
programme.'
'Corporately and at store level, we are all putting a great deal of effort into
providing the best possible product and service to an increasingly large
customer base. This means not only using the finest quality fresh ingredients
but also maintaining high standards of image and service in our stores. The
re-imaging programme is progressing well and the work begun by our Flawless
Execution team last year continues to ensure that all stores are being helped to
achieve better standards of performance in all areas.'
'Based on growth to date we look forward to reporting continued buoyant growth
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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