|
Domino’s Pizza Group PLC - Milton Keynes, England-based pizza delivery firm and UK franchise of wider fast food company Domino’s Pizza Inc - Leaves guidance for 2023 unchanged, predicting underlying earnings before interest, tax, depreciation and amortisation in range of £132 million and £138 million. At best, this would be a roughly 6.1% rise from the £130.1 million achieved in financial 2022. It also still aims to open at least 60 new stores this year. It hosts an investor event on Monday from 1600 GMT where Chief Executive Officer Andrew Rennie will share some observations from his early days in post. ‘It is clear from my first 100 days that the business is well-placed, I have been hugely impressed by the calibre of our franchise partners and colleagues, and we have a strong platform from which to grow. Material progress has been made in recent years but there are a number of areas where we can significantly enhance growth. Today I will set out my thoughts on what I’ve found so far, and what I see as the key drivers of growth moving forward, all of which will benefit our shareholders and franchise partners, while advancing our corporate purpose of delivering a better future through food people love,’ Rennie says. Current stock price: 395.33 pence each, up 0.4% in London Monday morning. 12-month change: up 39% Copyright 2023 Alliance News Ltd. All Rights Reserved.
|
