Domino's reports "strong performance" as sales rise by nearly £60m
A fast food chain has today reported that its sales rose by nearly 20 per cent in the first quarter of the year.
Domino’s Pizza Group, which operates across the UK and Ireland, saw sales of £371.3m in the period to the end of March, up 18.7 per cent from approximately £312.8m in the same period in 2020.
The company reported that sales performance within its delivery business has been “particularly good”, with delivery growth of 6.8 per cent, which it says has more than offset the lower sales in its collection business.
However, it also saw some improvement within collection, which it reports is now trading at 65 per cent of 2019 levels.
This comes as the company disposes of its businesses in Sweden and Iceland, which it expects to complete by the end of May.
Dominic Paul, CEO of Domino’s Pizza Group, commented: “We are pleased with the strong performance of the business in the first quarter of the year.
“The investments we are making to deliver our multi-year strategic plan give us confidence in our ability to capitalise on the opportunities which lie ahead as the nation begins to emerge from the Covid-19 lockdown restrictions.
“With management focused on our core UK & Ireland business, we are working to fulfil our vision of being the UK & Ireland’s favourite food delivery and collection business.”
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