Domino's Pizza Enterprises Limited · ASX:DMP
Domino's Pizza Enterprises — Shareholder Meeting (November 2024)
31 slides from Domino's Pizza Enterprises's shareholder meeting presentation, Nov 6, 2024
Slide 1: 2024 Annual General Meeting cover letter to ASX
Domino’s Pizza Enterprises Limited 1/485 Kingsford Smith Drive Hamilton, QLD, Australia 4007 ACN: 010 489 326 www.dominos.com.au 6 November 2024 The Manager Market Announcements Office Australian Securities Exchange 4th Floor, 20 Bridge Street For personal use only SYDNEY NSW 2000 Dear Sir 2024 Annu
Slide 2: Domino's Pizza Enterprises Limited (DPE) November 2024
For personal use only DOMINO’S PIZZA ENTERPRISES LIMITED (DPE) 6 November 2024
Slide 3: Jack Cowin, Chairman
For personal use only DOMINO’S PIZZA ENTERPRISES LIMITED (DPE) 6 November 2024 Jack Cowin Chairman
Slide 4: Don Meij has set the foundations for the next chapter of DPE's growth
For personal use only ▪ Don Meij has been an integral part of Domino’s Pizza Enterprises Ltd for almost 40 years, including 22 years as CEO ▪ Leading the Company before it listed on the ASX with 387 stores and sales of $300 million ▪ To today, with more than 3700 stores and sales of more than $4 bil
Slide 5: Board pleased to appoint Mark van Dyck as CEO & Managing Director
4 THE BOARD IS PLEASED TO APPOINT MARK VAN DYCK AS THE CEO & MANAGING DIRECTOR OF DOMINO’S PIZZA ENTERPRISES LTD For personal use only ▪ Mark van Dyck has been an advisor to the Board for the past year ▪ His extensive experience in food service and track record of leading successful business transfo
Slide 6: FY24 results highlights and long-term ambition
5 EUROPE EBIT For personal use only ▪ ANZ & Germany led the way: Growing share of category through launch of inspired new EBIT:Sales margin products, flowing through to improved unit economics +80 bps ▪ France and Japan underperformed; a turnaround plan is in place for both markets ANZ EBIT ▪ Grew a
Slide 7: Chairman's speech
Chairman’s speech This is a significant occasion for Domino’s. <Slide - CEO & Managing Director Retirement> Yesterday, we announced the retirement of our long-serving CEO and Managing Director, Don Meij, after an extraordinary 22-year as CEO. Don has been an integral part of our Domino’s journey for
Slide 8: Chairman's speech: FY24 results
<Slide – FY24 Results> As we transition to this new leadership, I’d like to reiterate the importance of our long- term strategy—a strategy that has always focused on sustainable growth, ensuring that both our franchise partners and shareholders reap the benefits of our collective efforts. Over the p
Slide 9: Chairman's speech: board renewal
money into the National Advertising Fund, after underinvestment from our Franchise Partners in recent years. As we look to the future, our long-term ambition remains unchanged: to operate 7,100 stores globally—nearly double where we are today. While this goal may take longer to achieve than we initi
Slide 10: Don Meij, Retiring Group CEO & Managing Director
For personal use only DOMINO’S PIZZA ENTERPRISES LIMITED (DPE) 6 November 2024 Don Meij Retiring Group CEO & Managing Director
Slide 11: Thank you from Don Meij
For personal use only ▪ For trusting me with the leadership of this company ▪ For founding this incredible brand and sharing the joy of pizza around the world ▪ For putting your heart and soul into this business and your communities ▪ For putting on your uniform and serving our customers with hot, f
Slide 12: The dominant sustainable delivery QSR in every market
THE DOMINANT = SUSTAINABLE <p |) 7 DELIVERY QSR Pa | . | J as ~ IN EVERY JN “MARKET BY BY $
Slide 13: Customers, franchise partner profitability, store growth
For personal use only FRANCHISE PARTNER CUSTOMERS PROFITABILITY STORE GROWTH 9
Slide 14: For personal use only
For personal use only 10
Slide 15: Mission: inspired products and services designed for delivery
Mission For personal use only Inspired Products & Services CUSTOMER DOMINO’S DELIVERED DELIVERED Designed for Delivery (PICK UP) (PREMIUM) That are high quality and delivered Value = (Product + Service + Image) / Price quickly for an affordable price PRODUCT QUALITY: 4.5 DELIVERY: 18 MINS NET PROMOT
Slide 16: Campaigns: More, Tappuri, Toujours Plus
For personal use only MORE CAMPAIGN TAPPURI TOUJOURS PLUS HONOUR THE CRAVING Ro
Slide 17: Trading update by region: ANZ, Europe, Asia
13 For personal use only ANZ • ANZ is positively compounding last year’s strong sales of high single digits • Domino’s is winning share in QSR largely by growing new occasions (1) EUROPE • Sales in the BENELUX are positive with the launch of the new brand campaign • Germany sales remain negative aft
Slide 18: Trading update: Japan and France
14 For personal use only JAPAN • In Japan, Domino’s has achieved positive customer counts in CY24, driven primarily by delivery growth and share gains from aggregators like Uber • However, Same Store Sales remain negative (CY24 and FY25), due to lower carry- out orders, compounding higher discountin
Slide 19: Dominant sustainable delivery QSR
DOMINANT SUSTAINABLE «© DELIVERY QSR~
Slide 20: Don Meij speech: Thank you
Retiring Group CEO & Managing Director Don Meij speech 7. Thank you Thank you. In this my last AGM as the CEO & Managing Director of Domino’s Pizza Enterprises Ltd, I want to thank you. Thank you to the board of directors over the past two decades for trusting me with the leadership of this Company,
Slide 21: Three phase approach
As our Chairman noted, management has been acting with urgency, but there is more work to be done to unlock the potential of our business. 9. Three phase approach We have a clear plan, relevant to each of our markets, to grow sales, profits, and sustainably expand our network footprint. It starts, l
Slide 22: Global strategy with local nuance
Across the group there are consistent factors that are driving the markets with the highest growth: improving marketing effectiveness marketing including through regular modelling of our optimal media mix; growing share inside third-party aggregator platforms that have grown large lakes of increment
Slide 23: Local nuance
12. Local nuance But there are local nuances; German taste preferences for example are different to France, to Australia, to Japan, and Domino’s has the opportunity to cater for all. Equally, how the Domino’s brand translates to consumers in different markets requires specialised, local knowledge. W
Slide 24: Customer value and trading update
We believe Domino’s has a competitive advantage in delivering great value to customers. I want to stress that value does not equate to heavy discounting, nor does it mean lowering the quality of meals. Far from it: Customers don’t want cheap – they want more. More of what they love: more toppings, m
Slide 25: Expanding meal occasions and closing remarks
We have already demonstrated we can win share by expanding beyond our core offering of shared meals at dinner times, reaching more customers at late night, at lunch, and for between-meal snacking. Closing But this next phase will be under new leadership. I have no doubt Mark will deliver on the next
Slide 26: Mark van Dyck, Group CEO & Managing Director
For personal use only DOMINO’S PIZZA ENTERPRISES LIMITED (DPE) 6 November 2024 Mark van Dyck Group CEO & Managing Director
Slide 27: I'm excited to lead the Domino's team into our next chapter
17 For personal use only I’M EXCITED TO LEAD THE DOMINO'S TEAM INTO OUR NEXT CHAPTER • Thank you to the board for the trust placed in me • It is an honour to succeed Don Meij, after all he has achieved to transform the QSR industry • I have spent most of my career in fast-moving consumer goods, part
Slide 28: Priorities: rebuilding value, franchise partnerships, customer value
18 • For personal use only REBUILDING VALUE: Making our operations as efficient and simple as possible • STRENGTHENING FRANCHISE PARTNERSHIPS: Their profitability is our profitability • DRIVING GROWTH THROUGH CUSTOMER VALUE: We will deliver quality delicious, fresh and healthy food consistently and
Slide 29: Group CEO Mark van Dyck speech
Group CEO & Managing Director Mark van Dyck speech Thank you, Chairman, and thank you for the kind introduction. Good afternoon, everyone. I'm honoured to be here today, and I appreciate the trust the Board has placed in me. I’m very excited to lead the Domino's team into our next chapter. It’s a tr
Slide 30: Focus on operational excellence and value
loyal customers. We have over 3,700 stores, most in prime locations across eleven markets. Yes, the economies in most of our markets are weak. Yes, the industry is changing, and we need to adapt quickly. And yes, we need to act urgently, guided by deep customer insights and the insights from our peo
Slide 31: Taking decisive action
5. Taking Decisive Action: The changes we need to make won’t happen overnight, but we’ll move quickly. Having led transformations in challenging markets before, I understand that success comes from making bold decisions, tracking progress, and adjusting as needed. You can expect full transparency as
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