Domino’s Pizza Group admitted yesterday that the number of new stores being opened in Britain would fall this year as a result of “tensions” with its franchisees.
Britain’s biggest pizza delivery company said that it had endured “a mixed year”, with one analyst calling the 2018 results “a rather soggy concoction”.
It reported a 9% year-on-year increase in group sales to £1.26bn, with like-for-like sales in the UK up 4.6%. However, underlying pre-tax profits fell 1.1% to £93.4m and on a statutory basis by 22.2% to £61.9m.
