Profits rise 11 per cent at Domino's Pizza
25th Feb 2013 07:38
Profit before tax rose 10.8 per cent to 46.7m pounds in the 53 weeks to December 30th at Domino's Pizza Group which included profits made at the company's operations in Germany and Switzerland. Like-for-like sales grew 5.0% in 612 UK mature stores compared to in the previous year. Statutory basic
Read morePizza on the menu as Dominos reports robust sales
8th Jan 2013 07:44
Pizza delivery firm Domino's Pizza said it would hit full year earnings targets as it reported a robust final quarter of the year. The company said online sales continued to be 'the star of the show' as the group opened a record number of stores in 2012. In the 14 weeks to 30th December sales grew
Read moreThursday broker round-up
1st Nov 2012 09:19
Antofagasta: UBS ups target from 1,080p to 1,100p, sell rating kept. Avocet Mining: Numis downgrades to add, target cut from 130p to 90p; Westhouse Securities downgrades to sell, 1,434p target kept. Bank of Georgia: Seymour Pierce reiterates buy rating and 1,600p target. Barratt Developments: Gol
Read moreDomino's director slices off 100,000 shares
27th Sep 2012 17:30
Patricia Thomas, the Operations Director at Domino's Pizza UK & Ireland, the main operating subsidiary of Domino's Pizza, sold 100,000 ordinary shares in the company on the same day it reported a slowdown in like-for-like sales growth in the third quarter. Thomas disposed of the shares at an avera
Read moreLondon close: Pain in Spain again
26th Sep 2012 16:57
Stock markets all over the world were in retreat on Wednesday, and London was no exception, as investors fretted about Spain's negotiations over bailout terms. Spain will restrict early retirement programmes as one of the new measures that President Rajoy will announce during the 2013 budget presen
Read moreLondon midday: Eurozone strife rattles markets
26th Sep 2012 11:52
Stocks spent the morning session stuck in reverse gear, with civil unrest in Spain and Greece setting investors' nerves on edge. Yesterday saw anti-austerity protests in Madrid while today will see a 24-hour strike in Greece in protest at spending cuts. Mining stocks are getting hammered on concer
Read moreLondon open: Stocks tumble on QE3 efficacy fears
26th Sep 2012 08:38
The old adage about the US sneezing and the UK therefore catching a cold is as apposite as ever with the UK market opening lower after a non-voting member of the US Federal Reserve member cast doubts over the efficacy of the Fed's asset purchase programme. "We are unlikely to see much benefit to g
Read moreGrowth slows at Domino's Pizza
26th Sep 2012 07:37
Going up against tough comparatives from a year ago and without the help of the couch potato heaven that is the European football tournament which the second quarter enjoyed, pizza delivery firm Domino's Pizza saw like-for-like sales growth slow in the third quarter. System sales for the 13 weeks t
Read moreWednesday preview: Domino's Pizza, Homeserve
25th Sep 2012 18:07
Say what you like about Domino's Pizza - great delivery, shame about the pizza - the company is a money-harvesting machine. The third quarter interim management statement on Wednesday should see the pizza delivery outfit benefit from the UK's indifferent weather, which will have persuaded many hung
Read moreDomino's Pizza moves to become big Swiss cheese
29th Aug 2012 07:26
Pizza delivery outfit Domino's Pizza is to acquire the master franchise and 12 outlets of the Domino's brand in Switzerland, Liechtenstein and Luxembourg. The British outfit, which already owns seven international franchises, says it is looking to cash in on the affluent Swiss market's high interne
Read moreDomino's takes bigger slice of pizza market
23rd Jul 2012 07:19
Pizza delivery firm Domino's Pizza said UK like-for-like sales in the first half increased 5.7% after the wet weather and Euro 2012 helped demand and as it continues its expansion drive in Germany, the UK and Ireland. "Trading since the half year end has continued in line with our expectations. Wh
Read moreLondon close: Footsie falls but banking stocks robust
22nd Jun 2012 16:57
- BoE, ECB ease pressure on lenders - Moody's downgrades 15 global banks - Resources stocks weigh on London market Resource stocks were weighing heavily on the FTSE 100 on Friday afternoon, sending the index one per cent lower, despite actions by central banks in the UK and the Eurozone to ease the
Read moreFTSE 250 movers: Michael Page drops after broker downgrade
22nd Jun 2012 15:52
Credit Suisse has downgraded its recommendation for recruitment firm Michael Page International from 'neutral' to 'underperform', saying that on a risk-reward basis, the stock is the 'most vulnerable of the employment agencies given weakening economic conditions'. Heading the other way was price c
Read moreLondon midday: Banks shrug off downgrades, but resources stocks drag
22nd Jun 2012 11:48
- Banks rise in spite of Moody's downgrade - Spanish banks need up to 62bn euros, says private audit - German business confidence falls to two-year low Banks were making gains by midday as they shrugged off a sector-wide downgrade my Moody's, but the Footsie still remained in the red with oil and m
Read moreFriday broker round-up
22nd Jun 2012 10:37
Ashtead: UBS raises target from 320p to 340p, buy rating unchanged. Avon Rubber: Investec downgrades to hold, keeps 315p target. BAE Systems: Investec downgrades to hold, target cut from 360p to 290p Bovis Homes: Liberum Capital downgrades to hold. Cobham: Investec downgrades to sell, target cut
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