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Domino’s Pizza turns dough into 23% rise in earnings

Domino’s  Pizza turns dough into 23% rise in earnings

Domino's Pizza Enterprises (ASX: DMP) shares have jumped 7% to $7.75 in morning trade after the company posted a $12.6 million half year Net Profit After Tax, up 23% on the corresponding period last year.

Profit was driven by same stores sale growth of 8.4% rolling the 9.1% growth achieved during the same period last year.

The company said both the ANZ and European markets experienced solid same stores sale growth performance in the first half of the 2012 financial year.

Domino's Pizza Enterprises is Australia’s only publicly listed pizza company and is the master franchisor for the Domino’s Pizza brand in Australia, New Zealand, France, Belgium and The Netherlands.


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