Domino’s Pizza Enterprises Ltd Financial Results For the six months ended December 2020
Global Food sales of $1.84b (+16.5%) | Half Year EBIT1 $153.0m (+32.3%)
Highlights
~ Network sales: +16.5% to $1.84b
~Online sales: +25.4% to $1.42b • EBITDA: +23.8% to $218.7m
~ EBIT: +32.3% to $153.0m (International EBIT: +55.7% to $99.9m: 65.3% of Group EBIT)
~ Underlying NPAT (after Minority Interest): +32.8% to $96.2m
~ Free Cash flow: up +50.3% to $124.4m
~Japan: Management and franchisees have accelerated new store openings (+68) and sales (+42.6% to ¥36.7b) through new customers and higher frequency, lifting EBIT +112.3%, to ¥4.2b
~ Europe: Regional sales (+13.8%, to €435.7m), reflected local COVID conditions and management response. Positive in all countries led by notable growth in Germany. EBIT grew +18.2%, to €27.2m
~ ANZ: Experienced franchisees grew sales (+5.7% to $648.0m) and expanded their businesses with new stores and refranchising of corporate stores. Improved margins lifted EBIT +9.8% to $63.7m