Highlights
Total UK sales growth of 14%, including like-for-like of 7.5% and record number of new stores - 81 (2015: 61)
o Average sales per address (ASPA) in new stores grew 15%
o Targeting at least 80 new stores in the UK for 2017, creating up to an estimated additional 3,000 new jobs
o Planned new Supply Chain Centre in Warrington due December 2017, creating 200 additional jobs
Continued success of digital investment programme in the UK
o On-line now represents 72% of system sales
o Up by 21% year-on-year
o Mobile represents 73% of digital sales, up by 31%
Further increase in franchisee profitability fuelling investment in growth
Improving system sales performances in international businesses
o Republic of Ireland (ROI) delivering 10% year-on-year growth in local currency
o Switzerland delivering 21% year-on-year growth, in local currency, including 1 new store - EBITDA
positive
o Conversion process of stores in Germany following Joey's acquisition delivered successfully 6 months
ahead of plan
o Solid start in Nordics
Strong cash flow conversion enabling investment in growth and share buy-backs
A recommended final dividend of 4.5p giving a total dividend of 8.0p, growing 16% year on year
