Wellington Management > 5%

RNS Number : 9096S

Domino's Pizza UK & IRL PLC

29 November 2011

29 November 2011

Domino's Pizza UK & IRL plc

Notice of Q4 2011 IMS and 2011 preliminary results

Domino's Pizza UK & IRL plc will announce its Q4 2011 IMS for the 13 weeks to 25 December 2011 on 4 January 2012.

The Company will announce its preliminary results for the 52 weeks ended 25 December 2011 on 15 February 2012.

ENDS

Not far off the 377p 52 week low.
Next divi mid to late Feb '12.

There's a Polish version of this lot on AIM if you didn't know all, I'll start a thread if anyone's interested if I get time later.. they have previous over there apparently so be careful.

The Polish version was listed mid 2010 (from memory).





There's also an Indian version JUBI.BO (Jubilant Foodworks Ltd)

Analysts at Panmure Gordon are today reiterating their sell verdict on shares of Domino´s Pizza. This ahead of the company´s interim management statement expected out tomorrow.

In particular, the broker believes that the company´s rate of sales growth will be weighed upon by “relatively tough comps and mild weather.” Hence, it expects the company to report 3.3% like-for-like sales growth for Q4, below the 3.9% rate seen in Q3.

As well, Panmure Gordon highlights how, “the stock now trades at 24,1 times its 2011 price/earnings ratio and at a Enterprise Value/EBITDA (operating profits) multiple of 14.1, supported by a 3.0% yield. For a stock we forecast to grow earnings by approximately 11% in 2012 we view this as too expensive. We reiterate our sell recommendation and target price of 350p.”

Interim Management Statement.

Domino's is pleased to announce that system sales for the period increased by 9.5% to £145.0m (2010: £132.5m). System sales for the 52 weeks ended 25 December 2011 increased by 9.4% to £530.6m (2010: £485.3m). Like-for-like sales in 604 mature stores grew by 3.6% for the period (2010: 10.3% in 553 mature stores), with the UK stores up 4.0% and the stores in the Republic of Ireland down 1.0%. Like-for-like sales growth for the year was 3.0% (2010: 11.9%) with the UK stores up by 3.7% and the Republic of Ireland stores down 4.1%.

Not sure that adds a great deal to the discussion, Mitzy! ;o)

Dominos Pizza, Dlf Saket

Mitzy, Do you know what the 2 street names are that the outlet borders in your picture by any chance?

Its in Hills road Cambridge and Parkers Piece is just behind.

Thanks, Only asked as it reminded me of a former work area.

No probs Stan.

Domino shares rise over 5%
StockMarketWire.com
Shares in home delivery pizza company, Domino, rose over 5% in morning trading in London after announcing that sales in the quarter up to Christmas had risen by 9.5% to £145m (2010: £132.5m).

System sales for the year ended 25 December 2011 increased by 9.4% to £530.6m (2010: £485.3m).

At 11:46am: (LON:DOM) Domino's Pizza UK & IRL share price was +27p at 440.8p


Nice rise today..let's hope a good omen for the New Year!

Final results on wed 15th feb 2012.

prob worth buying (RTN too) especially in olympic year with everyone glued to the box (it's the congealed cheese!)

440 is certainly a decent support/bounce level if you want to wait for a couple of stinky days

On Wednesday, pizza delivery outfit Domino's reports but there are not expected to be any surprises after the group said in an update last month that it has been trading in line with expectations. The firm's like-for-like (LFL) sales growth in fiscal 2011 was 3%, despite the Republic of Ireland (Xetra: A0Q8L3 - news) registering a 4.1% decline in LFL sales. "As the majority of this [+3.0%] LFL performance will be price as opposed to volume, we do not expect the incremental margin gain to be as strong as previous years, providing 2011E EPS growth of 13.1% vs. a 3 year average of 25.7%," says broker Collins Stewart (Other OTC: COLLF.PK - news) . The broker added that Wednesday would be the ideal time for the group to lay out its strategy for the next 12 months.

Final Results.

Financial Highlights

· System sales1 increased by 9.3% to £530.6m (2010: £485.3m)

· Strong operational gearing drives operating margins2, pre-Germany to 20.9% (2010: 20.2%)

· Profit before tax2, pre-Germany losses of £1.4m, increased by 14.6% to £43.6m (2010: £38.0m), statutory profit before tax was £38.8m (2010: £35.2m)

· Like-for-like sales3 in 604 mature stores up by 3.0% (2010: 11.9% in 553 stores) with the UK stores up by 3.7%

· Earnings per share2:

o Basic earnings per share up 12.2% to 19.48p (2010: 17.36p)

o Diluted earnings per share up 14.9% to 19.24p (2010: 16.75p)

o Diluted earnings per share, pre-Germany, up 18.6% to 19.86p (2010: 16.75p)

· Total dividend increased by 20.6% to 12.30p per share (2010: 10.20p)

· 62 new stores opened in the year (2010: 57 stores) and three closed (2010: nil) resulting in a total of 726 stores at the year end (2010: 665)

· Online system sales increased by 43.0% (2010: 63.0%) to £183.1m (2010: £128.0m) with online sales accounting for 44.3% of UK delivered sales (2010: 35.8%)

· Adjusted net debt⁴to EBITDA of 0.4:1 (2010: 0.2:1), highlighting our low financial leverage.

Domino's Pizza UK & IRL plc will announce its Q1 2012 IMS for the 13 weeks to 25 March 2012 on 28 March 2012.