Domino’s Pizza (LON: DOM) has lost its bite in recent years. The pizza chain master franchiser is still a highly cash generative business in the UK but its size, and competition, means that it is difficult to grow at previous rates. Interim figures will be published on 6 August and they are likely to show a decline in profit.
Interim pre-tax profit is expected to be 7% lower at £42.5m. However, underlying UK operating profit is likely to be higher. Interest costs will also be higher, though.
Net debt was £203.3m at the end of 2018 and capital investment means it is set to rise this year...
