Pizza group Domino’s has announced its final results for the 52 weeks to December 28th 2014, with a sales increase of 14.6% to £766.6 million compared to £668.8 million in 2013.
The company added that profit before tax rose by 15.1% to £54.8 million and like-for-like sales grow by 11.3% in 724 stores.
Other factors that contributed to the group’s success included the opening of 44 new stores, which now means the company has 894 stores in four countries and an increase in online system sales of 30.2% to £440.0 million compared to £338.0 million the previous year.
David Wild, chief executive said "It has been another strong year for Domino's, particularly in our core UK market, confirming the strength of our customer offer. Both UK like-for-like sales and new store performance were excellent and this has largely been driven by our sector-leading e-commerce initiatives. Our renewed focus on franchisee profitability has also provided an impetus to continued growth.
“Outside the UK, we are pleased with progress in Ireland and Switzerland, both of which showed improvement. In Germany, there remains much work to do, but underlying losses have reduced, in the second half and we remain optimistic about the opportunity in this market.
“These results are a tribute to the entire Domino's team, including the franchisees and their colleagues, who work in the stores and served our customers with more than 75 million pizzas during 2014. I would like to thank them for their amazing efforts.
“We look forward with continued optimism. We have a great brand and a strong plan; the year has started promisingly, but there are tough comparators to beat, so we will not get complacent and will continue to ensure Domino's remains the number one pizza brand in the UK."
