very sensible of them, but i'm still happy to have banked a nice profit

Acquisition of the business of Domino's Pizza Switzerland

Market Expansion

Domino's Pizza Group plc ("Domino's" or "the Company"), the leading pizza delivery company with stores in the UK, the Republic of Ireland and Germany, today announces it has reached an agreement to acquire the business of Domino's Pizza Switzerland AG("Domino's Switzerland") (the "Proposed Transaction"), including the master franchise agreement (the "MFA"), which provides the Company with the exclusive right to operate and franchise Domino's stores in Switzerland, Liechtenstein and Luxembourg as well as an option to acquire the Master Franchise Agreement for Austria.

Wednesday preview: Domino's Pizza
Tue 25 Sep 2012

DOM - Domino's Pizza Group

Latest Prices
Name Price %
Domino's Pizza Group 563.00p +0.72%
Homeserve 221.10p -1.51%

FTSE 250 11,931 +0.24%
FTSE 350 3,124 +0.34%
FTSE All-Share 3,058 +0.34%
Support Services 5,152 0.00%
Travel & Leisure 5,086 +0.94%

LONDON (SHARECAST) - Say what you like about Domino's Pizza - great delivery, shame about the pizza - the company is a money-harvesting machine.

The third quarter interim management statement on Wednesday should see the pizza delivery outfit benefit from the UK's indifferent weather, which will have persuaded many hungry diners to stay at home and order in instead.

Credit Suisse reckons the firm should achieve like-for-like sales growth of 3.5%, down from 6.9% in the second quarter, as it is going up against tougher comparatives, while the second quarter received a boost from the Euro 2012 footie tournament.

"The de-rating through 2011 rightly factored in a more modest growth outlook for the core UK business, and we see management commentary on Germany (bullish, but little detail) and Switzerland (roll-out) as more important share price catalysts," the Swiss broker said.

I.M.S: http://www.moneyam.com/action/news/showArticle?id=4452157

DOM always crashes on its numbers, rather like PFC and no doubt others ....... as far as i can see, the numbers are very healthy and the forward forecast is also positive, so looks like a buying opportunity to me, though unsure whether or not to commit more funds to the market today

Domino's

Domino's Pizza fell 31p (5.4%) to 533p today, after an impressive rise that has taken the shares all the way from around 420p in early April -- even after the drop, they're still up nearly 30% since then.

The news today took the form of an interim statement, which told of an 8% increase in sales to £136.4m, and like-for-like sales in the UK and Ireland continuing to grow. But the reason the markets weren't impressed seems to be that UK like-for-like sales growth has slowed -- at 3.7%, it didn't grow as fast as the 4.1% recorded in the same quarter last year.

Director Patricia Thomas sells 100,000 shares! http://www.moneyam.com/action/news/showArticle?id=4453306 SP down 2.5% so far.

More Director sells, Hemsley and Wray this time: http://www.moneyam.com/action/news/showArticle?id=44627299

Up nearly 5% so far this morning, upgrades somewhere?

nothing on reuters ..... very strange

================

as far as i can determine, there's a few small orders to fill at 523/524.5 and then nothing back to 520 ...... a string of brokers looking to buy at 512/515 or thereabouts

GS upgrade.

Goldman Sachs Buy 515.25 505.50 680.00 800.00 Upgrades

Thanks both, slipping back a bit now.

Montanaro Asset Management ltd (whoever they are!) > 4%

Historically the 200 DMA has not been a support level for the sp. so would not be happy buying at this level.

Pizza Hut closing shops in UK.

interesting but not strictly relevant ...... argument is probably that their product was awful and could not stand up against Pizza Express and similar

Trading Statement

Domino's is pleased to announce that system sales for the period increased by 20.0% to £174.5m (2011: £145.4m for 13 weeks). Trading has continued to be robust, with like-for-like sales in 612 UK mature stores growing by 5.0% for the period (2011: 4.2% in 557 mature stores for 13 weeks), while like-for-like sales in 47 mature stores in the Republic of Ireland were down in Euros by 3.8% (2011: down 0.9% in 44 mature stores for 13 weeks).

System sales for the 53 weeks ended 30 December 2012 increased by 12.7% to £598.6m (2011: £531.0m for 52 weeks). Like-for-like sales, for the year, in UK stores grew by 5.0% (2011: 3.8% for 52 weeks) and stores in the Republic of Ireland were down in Euros by 0.2% (2011: down 4.4% for 52 weeks). Like for like sales for the year in the two mature Berlin stores increased by 19.3% and 24.1%.

The star of the show continues to be online sales. Total e-commerce sales for the period in the UK and the Republic of Ireland increased by 56.6% to £84.1m (2011: £53.7m for 13 weeks) and online sales for the year were £268.6m (2011: £183.6m for 52 weeks), an increase of 46.3% (2011: 43.0%). Online sales for the year accounted for 55.7% of UK delivered sales (2011: 44.3%) and the Company has had its first £2million e-commerce day in the UK and Republic of Ireland markets. Sales for the year from mobile devices rose by 187% and now account for 19.7% of all online orders (2011: 10.1%).

During the year, the Group opened 69 stores (2011: 62) across all territories, making it a record year for store openings and, as at 30 December 2012, the Group had a total of 805 stores. Of these new store openings, 57 were in the UK and the Republic of Ireland (2011: 58) and 12 opened in Germany (2011: four). During the year two stores closed (2011: three), both of which were UK trial concepts.

Final results on the 25th.

Final Results

Financial Highlights

· System sales1 increased by 12.8% to £598.6m (2011: £530.6m for 52 weeks)

· Record profit before tax2, including Germany and Switzerland, of £46.7m, up 10.8% (2011: £42.2m)

· Profit before tax2, excluding Germany and Switzerland, increased 14.2% to £49.7m (2011: £43.6m)

· Like-for-like sales3 growth of 5.0% in 612 UK mature stores (2011: 3.7% in 557 mature stores)

· Earnings per share (pre exceptional items):

o Diluted earnings per share up 14.1% to 21.95p (2011: 19.24p)

o Basic earnings per share up 13.8% to 22.17p (2011: 19.48p)

· Statutory basic earnings per share up 14.4% to 19.04p (2011: 16.65p)

· Final dividend increased by 16.2% to 7.90p per share (2011: 6.80p)

· Record of 69 new stores opened in the period (2011: 62 stores) with two closures (2011: three) resulting in a total of 805 stores in four countries as at 30 December 2012

· Online system sales increased by 46.3% to £268.6m (2011: £183.6m) with online sales accounting for 55.7% of UK delivered sales (2011: 44.3%). Of this, 19.7% of online orders were taken through a mobile device (2011: 10.1%)

· Adjusted net debt⁴ to EBITDA of 0.5:1 (2011: 0.4:1), highlighting our low financial leverage

inevitably sp has tumbled .... for some reason DOM's sp always does so regardless of how good the results