Earnings release
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Domino's Domino's Pizza Enterprises Limited 1/485 Kingsford Smith Drive Hamilton , QLD , Australia 4007 ACN : 010 489 326 www.dominos.com.au 17 February 2021 Domino's Pizza Enterprises Ltd Financial Results For the six months ended December 2020 Global Food sales of $ 1.84b ( + 16.5 % ) | Half Year EBIT¹ $ 153.0m ( + 32.3 % ) Highlights • Network sales : + 16.5 % to $ 1.84b • Online sales : + 25.4 % to $ 1.42b . EBITDA : + 23.8 % to $ 218.7m • EBIT : + 32.3 % to $ 153.0m ( International EBIT : + 55.7 % to $ 99.9m : 65.3 % of Group EBIT ) Underlying NPAT ( after Minority Interest ) : + 32.8 % to $ 96.2m • • Free Cash flow : up + 50.3 % to $ 124.4m • Japan : Management and franchisees have accelerated new store openings ( +68 ) and sales ( + 42.6 % to ¥ 36.7b ) through new customers and higher frequency , lifting EBIT + 112.3 % , to ¥ 4.2b • Europe : Regional sales ( + 13.8 % , to € 435.7m ) , reflected local COVID conditions and management response . Positive in all countries led by notable growth in Germany . EBIT grew + 18.2 % , to € 27.2m • ANZ : Experienced franchisees grew sales ( + 5.7 % to $ 648.0m ) and expanded their businesses with new stores and refranchising of corporate stores . Improved margins lifted EBIT + 9.8 % to $ 63.7m With the COVID - 19 pandemic continuing to impact the communities that Domino's serves , the Board and Management of Domino's Pizza Enterprises Ltd ( ASX : DMP ) recognise the ongoing efforts of franchisees and team members across nine countries , as they continue to prioritise the safety and wellbeing of customers , team members , and the community . Domino's today announced global food sales for the Half Year increased by $ 260.8m to $ 1.84b ( + 16.5 % on the prior year , + 8.5 % on a Same Store Sales basis ) , and delivered Half Year EBITDA of $ 218.7m ( + 23.8 % ) . Group CEO and Managing Director Don Meij said he was very pleased with the Company's performance , which largely reflected experienced management and franchisees executing on a long- term strategy rather than one - off costs or short - term sales attributable to COVID - 19 . " The performance this half predominantly reflects the benefits from investing in , and strengthening , our franchisee base and expanding our store footprint on a global scale , and the efforts of tens of thousands of our people executing against our strategy . " Domino's opened 131 organic new stores , 5.0 % of the network , with significant contributions from Japan ( +68 new stores ) , France ( +19 new stores ) and Germany ( +15 stores ) . Germany surpassed its previous Full Year record for organic new stores ( +13 new stores ) in the First Half . " Despite the unique challenges of this time , store openings have accelerated with an average of five new stores opening each week , which reflects the confidence Domino's , and our franchisees , share in our future . We intend to significantly outperform this strong result in the Second Half . ” 1 H121 underlying costs compared to H120 underlying , including AASB16 , excluding significant charges