Domino's Pizza UK & IRL PLC
9 January 2002
For immediate release 9 January 2002
DOMINO'S PIZZA UK & IRL PLC
NO. 1 IN PIZZA HOME DELIVERY IN UK & IRELAND
TRADING UPDATE
Domino's Pizza UK & IRL plc ('Domino's Pizza'), the leader in pizza home
delivery in the UK and Ireland, quoted on the Alternative Investment Market of
the London Stock Exchange (symbol: DOM), is pleased to announce a record sales
performance for the year and the fourth quarter.
* Total sales across the Domino's system in the UK and the Republic of
Ireland for 2001 grew 29.4% (2000: 19.9%) to £98m (2000: £76m)
* For the final 9 weeks of the financial year ended 31 December 2001
like-for-like sales increased by 22.1%. (2000 : 8.2%)
* Average weekly unit sales for all delivery stores hit an all-time
record of £10,335 in the penultimate week of 2001 (2000: £8,390). Average
weekly unit sales for 2001 were £8,422 (2000: £7,075), an increase of 19.1%
* Number 1 for pizza home delivery in the UK and Ireland - in number of
units and sales
* Increased television advertising, financed by National Advertising
Fund, following success of first terrestrial campaign launched in 2001
* During 2001 24 delivery stores opened (2000: 22) and the experimental
store closure programme ended with the closure of two stores (2000: 8),
bringing total store count to 237 (2000: 215).
* Target to expand to 500 stores by 2006 creates potential for 5000 new
jobs
Stephen Hemsley, chief executive, commented:
'2001 was an outstanding year for Domino's Pizza. We have achieved record
sales levels and further reinforced our position as the UK's number one pizza
delivery company.
'A number of factors contributed to our success last year. Firstly, the highly
effective terrestrial TV advertising campaigns that ran throughout 2001; every
time Domino's ran national terrestrial TV advertisements in the UK and
Ireland, our sales increased. In turn, every time our sales increased, the
size of our national TV advertising fund increases with it. This means we are
in the excellent position whereby each TV campaign we run helps to support the
next.
'Secondly, last year saw significant progress being made with our programme of
store re-imaging. Sales at re-imaged stores improved across the board and we
will continue to increase our 'kerb appeal' in this way with a rolling
programme of refurbishments.
'Finally, our drive for increased quality has improved standards at every
level. I believe that we now have the best people, executing the best system,
making and delivering the best fresh pizza on the market.
'2001 was also spent laying the foundations for an accelerated store opening
programme in 2002. I am delighted to report that we have a very healthy
property bank and record numbers of franchisees waiting to open stores.'
For further information, please contact :
Domino's Pizza 01908 580000
Stephen Hemsley, Chief Executive
Bernadette Eddisford, PR &
Communications Officer
Buchanan Communications 020 7466 5000
Richard Oldworth / Isabel Petre
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's leading pizza delivery company and holds the exclusive
master franchise to own, operate and franchise Domino's Pizza stores in the UK
and Ireland. The first UK store opened in 1985 and today there are 237 stores
in the UK and Ireland.
Domino's Pizza is world leader in pizza delivery and was founded in the United
States in 1960. There are currently more than 7000 stores open across 64
international markets employing over 120,000 people.
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.