Domino's Pizza increases its 2018 interim dividend by 8%

DividendMax Ltd.

Domino's Pizza increases its 2018 interim dividend by 8%

Domino's Pizza 2018 interim results

Group system sales up 12.8%

o UK system sales up 8.3%: 22 new stores, 5.9% like-for-like growth (Q2: 4.7% LFL); ROI sales up 2.5%

o Strong local currency international growth: Switzerland +13.0%, Iceland +5.5%, Domino's Norway +180.5%, Sweden +56.4%

Underlying PBT up 2.5% and Underlying Basic EPS up 6.8%

Statutory PBT down 9.7% and Basic EPS down 6.5%

Non-underlying expenses of £4.0m relating to M&A integration and IT and supply chain transformation cash outflow

Net debt £182.1m, 1.62x LTM EBITDA at period end

Interim dividend +8.0% to 4.05p; £38.9m share purchases in H1 2018

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