Domino's Pizza Enterprises Limited · ASX:DMP
Domino's Pizza Enterprises — Shareholder Meeting (November 2008)
26 slides from Domino's Pizza Enterprises's shareholder meeting presentation, Nov 5, 2008
Slide 1: Annual General Meeting 2008 - Chairman's address
For personal use only Annual General Meeting 2008 Chairman’s address Ross Adler - Chairman
Slide 2: Highlights
HIGHLIGHTS In 2007/08: For personal use only • Domino’s Pizza Enterprises Ltd added 78 stores across Australia, New Zealand, France, Belgium and The Netherlands including 27 stores from the Pinky’s Pizza acquisition in Australia • The full-year presented the Company with a strong store count of 741
Slide 3: Financial Highlights
FINANCIAL HIGHLIGHTS • Strong Network Sales growth +13.9% over FY07 For personal use only • Solid Group SSS growth +6.8% over FY07 • Slight reduction in revenue as a result of Corporate store sell down • Significant improvements in EBITDA of +19.1%, NPBT +44.7% and NPAT of +36.5% over FY07 • Europe
Slide 4: Financial Highlights - Dividends
FINANCIAL HIGHLIGHTS For personal use only Dividends • Domino’s Pizza paid a final fully- franked dividend of 6.8 cents per share (interim dividend paid 4.1 cents) to our shareholders in September 2008 • The full-year dividend for 2007/08 totalled 10.9 cents per share, the same full-year dividend th
Slide 5: Europe
EUROPE For personal use only • The European market tracked ahead of expectations with strong Same Store Sales growth of 13.36% • Sales and profits in the European market also tracked ahead of schedule with EBITDA up 449% on the corresponding period • The expansion experienced during the full year wa
Slide 6: ANZ
ANZ For personal use only • Australia and New Zealand experienced strong organic growth including five new stadium stores as part of the Domino’s 2Go concept • The performance of the Victorian continued to provide challenges for the Company • New innovations such as online ordering and 1300 DOMINOS
Slide 7: Looking Ahead - 2009
LOOKING AHEAD - 2009 For personal use only • Board will continue to remain focused on building a bigger, better Domino’s during 2008/09 • A key element will be the Company’s renewed focus on our people, customers and our operational performance • Current economic conditions mean added importance of
Slide 8: Chairman's Address speech transcript
Domino’s Pizza Enterprises Ltd AGM 2008 Chairman’s Address For personal use only 5 November 2008 (SLIDE ONE) 2007/08 was a successful year for Domino’s Pizza in all five countries in which we operate. Europe continued its trend of strong organic growth ad same store sales results, while Australia an
Slide 9: Chairman's Address speech transcript (cont.)
(SLIDE FOUR) For personal use only Dividends The Company has declared a final fully-franked dividend of 6.8 cents per share. Therefore, the full-year dividend for 2007/08 totals 10.9 cents, the same full-year dividend paid for 2006/07. Domino’s Pizza’s Dividend Reinvestment Plan remains active and u
Slide 10: Chairman's Address speech transcript (cont.)
For personal use only In additional Domino’s will continue to concentrate on new technology, menu items, marketing and advertising in all markets. In the current economic conditions it’s especially important that the board continues to work closely with management to ensure optimal performance of Do
Slide 11: Managing Director's address
For personal use only Managing Director’s address Don Meij – Chief Executive Officer & Managing Director
Slide 12: Focus Areas
FOCUS AREAS For personal use only • Operational success • Current trading • The year ahead Successful operational performance is evident in our: • Focus on building a better brand • Expanding our innovative footprint • Our growth in Europe and ANZ 9
Slide 13: Building a Better Brand
BUILDING A BETTER BRAND 2007/08 was an exciting year for our For personal use only brand: • Increased development of promotions in our European market • Successfully launched TV advertising in France • France also added three new pizza characters, the pizza Temptresses, to their creative brand posit
Slide 14: Our Innovative Footprint
OUR INNOVATIVE FOOTPRINT Domino’s Pizza has taken innovation to a new level: For personal use only • Online ordering has become a significant part of the business. This has recently increased to more than 13.5% of sales in Australia • The Netherlands is also tracking in excess of 19.2% of orders pla
Slide 15: Growth in Europe and ANZ
GROWTH IN EUROPE AND ANZ • Added 78 stores across our five For personal use only countries including 36 new stores in Europe and 27 Pinky’s Pizza stores in Australia • Today, our group store count = 749 stores • We expect to add 40-50 new stores to the network by June 2009 • The Company continues to
Slide 16: Current Trading
CURRENT TRADING For personal use only • Group sales are ahead of expectations with positive same store sales growth in all markets • Over the next few months we are up against strong promotions • As a result management remains positive but cautious with eight months of trading ahead 13
Slide 17: Current Trading (Cont)
CURRENT TRADING (Cont) While we expect the current economic For personal use only climate to have an impact on lending for store growth, we also expect to see some benefits: • Pizza remains an affordable meal for families • An easing in labor shortages, which we’ve seen in recent years, will mean we
Slide 18: Commodities
COMMODITIES For personal use only ANZ • Best assessment of commodities is that prices are dropping • We expect the price of wheat and cheese will decrease in the second half of 2008/09 as we renegotiate our contracts. Europe • Our European market is already benefiting from lower commodity prices. 15
Slide 19: The Year Ahead - 2009
THE YEAR AHEAD - 2009 In 2008/09 Domino’s Pizza will For personal use only continue to focus on: • Expanding online ordering in all markets including France going online within next 6 months • Our people and our operational performance – a renewed focus on our customers • New marketing and operation
Slide 20: The Year Ahead - 2009 (Cont)
THE YEAR AHEAD – 2009 (Cont) Highlights: For personal use only • Opening an additional 40 – 50 stores in the group • New websites for Australia and New Zealand, including updated branding, ease-of-use functions and improved speed • A fresh new look and improvements to online ordering systems for ANZ
Slide 21: Conclusion
CONCLUSION • Group sales are ahead of For personal use only expectations with positive same store sales growth in all markets • We are up against strong promotions over next few months so management remains positive but cautious • Commodity decreases, benefits from weaker currency and an employment
Slide 22: Managing Director's Address speech transcript
Domino’s Pizza Enterprises Ltd AGM 2008 Managing Director’s Address For personal use only 5 November 2008 (SLIDE ONE) Thank you Mr Chairman. Ladies and Gentlemen, it is my pleasure to address you once again as Managing Director for Domino’s Pizza Enterprises Ltd. The previous year has been a success
Slide 23: Managing Director's Address speech transcript (cont.)
For personal use only In Australia and New Zealand, we appointed a new creative advertising agency – The Campaign Palace. This has seen our brand creative injected with new passion and enthusiasm. We are excited about the results so far and are already seeing a boost in our brand presence in the two
Slide 24: Managing Director's Address speech transcript (cont.)
As mentioned last year, Domino’s Pizza continues to reduce the number of corporate stores For personal use only in the group. However, we will still maintain a presence through these stores to enable management to stay abreast of trends and challenges experienced within the pizza industry. (SLIDE SI
Slide 25: Managing Director's Address speech transcript (cont.)
(SLIDE NINE) For personal use only The year ahead – 2009 During 2008/09 Domino’s Pizza will reinvigorate the way we do business. In all markets, our online ordering initiatives will be boosted and France will be moving to online ordering within the next six months. In today’s technologically-based s
Slide 26: Managing Director's Address speech transcript (cont.)
A fresh new look and improvements to the online ordering components our each website For personal use only including: • Streamlined ordering • A ‘remember me’ function where a customer’s previous order can be remembered for the next time they place an order online • Expanded voucher availability • A
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