Domino's profit to increase 15% in first half FY2011

The increased NPAT is a result of achieving strong Same Store Sales across the Group in the first six months of FY11.

Domino's Pizza Enterprises Limited said, subject to finalising half year accounts, they are expecting to achieve results for the first half FY11 materially above the corresponding first half FY10.

Domino’s expects to announce half year NPAT to 2 January 2011 in the vicinity of $10m, an increase of approximately 15% on the first half FY10 NPAT of $8.7m.

At the Domino’s AGM on 3 November 2010, management affirmed its guidance for FY11 NPAT growth of 10% to 15%. However, Domino’s is now expecting FY11 NPAT growth to be in the region of 15% over the FY10 NPAT of $17.8m.

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