Domino's Pizza took the decision to suspend the proposed FY19 final dividend, given the significant uncertainty around the Covid-19 situation and its impact on their performance at that time. They have ensured to have remained open throughout this period, and the Board believes it is appropriate at this time to reinstate our planned payment. They will therefore pay the deferred FY19 final dividend, of 5.56p, equating to a total cost of £26m, on 18th September 2020 to all shareholders on the register as at 21st August 2020.
Other financial highlights include:
Resilient UK & Ireland performance:
o UK like-for-like sales excluding splits up 4.8% (3.7% including splits)Ireland like-for-like sales excluding splits down 3.6% (-4.9% including splits), against a strong comparative
o Switched off collection throughout Covid-19 lockdown period, resulting in Q2 collection orders down 87%. Q2 delivery orders increased by 22%
Underlying UK & Ireland EBIT of £49.5m, down £2.1m or 4.1%, including £6.2m of Covid-19 related costs
Statutory profit, including loss from discontinued International operations, £19.0m (H1 2019: £22.4m)
Net Debt down to £202.1m, 1.75x Net Debt/EBITDA on a continuing basis and 2.03x including EBITDA from discontinued operations