Domino’s Pizza Enterprises Limited (DMP) update on 2009 full year results

Domino’s Pizza Enterprises Limited (“Domino’s”) has advised that it expects to exceed market guidance and average Analysts’ expectations for the full year 2009, and for NPAT to be in the vicinity of $15.4m (subject to finalising year end accounts).

At Domino’s half year results announcement on the 18th of February 2009, Domino’s management advised it was confident of achieving “market guidance results for FY09 NPAT growth of 10 to 15%”. After strong network sales performance, FX gains and better than expected tax outcomes, Domino’s now expects FY09 earnings to come above FY08 as follows:

1. NPAT of between 28 to 30%

2. NPBT of between 18 to 20%

3. EBITDA of between 10 to 12%

Don Meij, CEO and Managing Director of the pizza franchise group, held a teleconference on Friday 31st July.

Domino’s will announce its full year 2009 results on the 19th of August 2009.