Domino’s to serve up four new stores

PIZZA delivery chain Domino’s is to open four more outlets here before the year end creating a further 100 jobs.

The company, which has 41 outlets in the Republic and continuous plans for expansion, has also forecast that it will exceed market expectations on its full-year results for the British and Irish division of the group.

It reported a 25.2% year-on-year rise in pre-tax profits for the first half of the year to £13.6 million (€15.8m) yesterday. First-half sales were up 15.4% to £196.4m.

Basic earnings per share were up by just under 21% at 6.26p and the interim dividend increased by 29.6% to 3.5p per share.

Domino’s Britain and Ireland chief executive Chris Moore said even with a potentially less successful second half of the year, the company is positioned very strongly.

“Given the strong performance in the first half, the number of new store openings anticipated in the second half and the operational gearing within the business, the board believes it is on track to exceed market expectations for the full year,” he added.

While the vast majority of the company’s Britain and Ireland outlets are based in Britain, the Irish-based outlets are still managing to outperforming the British units on a store-by-store basis, even though results for Ireland are not broken down,

Though the talk of the Domino’s outlet in Tallaght being the best performing internationally seems to be something of an urban myth, 38 of the best performing 50 Domino’s branches worldwide, are part of the British and Irish & stable.