Domino's Pizza increases its 2017 final dividend by 16.7%

DividendMax Ltd.

Domino's Pizza increases its 2017 final dividend by 16.7%

Domino's Pizza 2017 final results

Total revenue of £474.6m, up 29.3% on a 52 week basis

Group system sales of £1,179.6m, up 15.1% on a 52 week basis

o UK&I system sales up 9.2%

o UK system sales up 8.6%: 95 new stores, 4.8% like-for-like growth

o Strong local currency growth system sales in ROI up 11.3% and Switzerland up 17.1%

52 week Underlying PBT up 10.2% and Underlying Basic EPS up 13.9%

Strong operating cash flow £104.2m and continued excellent cash conversion;

Net debt increased by £54.6m to £89.2m

o Record capex of £46.6m invested in future growth platforms

o £44.5m M&A investments in areas of strategic focus

o £36.6m of share buybacks

Recommended final dividend up 16.7% to 5.25p; giving full year dividend of 9.00p

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