Domino's Pizza Group announce a proposed final dividend of 7.5p per share

DividendMax Ltd.

Domino's Pizza Group announce a proposed final dividend of 7.5p per share

Domino's Pizza Group Plc dividend for 2024 of 11.0p per share, with final dividend of 7.5p proposed to be paid on 07 May 2025. The ex-dividend date is 3 April 2025, and the record date is 4 April 2025.

Other financial highlights include:

Like-for-like system sales up 0.7%, with improving performance in every quarter, Q4 24 +3.0%

Group revenue was broadly stable reflecting the expected decrease in supply chain revenue being nearly offset by revenue from Shorecal (acquired in H1 24)

Underlying EBITDA up 6.4%, driven by Shorecal and lower technology platform costs

Statutory profit after tax down 21.6% as FY23 benefitted from sale of German associate

Underlying EPS up 13.3% further benefiting from share buybacks

Strong balance sheet with Net Debt of £265.5m: Net Debt to EBITDA 1.93x within our target range, down from 2.16x at H1 24

FY24 Capital Allocation: £82.5m deployed in capex and accretive investments (Shorecal, DP Poland) and £67.9m returned to investors through dividends and buybacks funded by £84.7m free cash flow, £33.0m from London corporate store disposal and a £32.7m increase in Net Debt

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