Domino's Pizza Enterprises Limited · ASX:DMP
Domino's Pizza Enterprises — H1 FY2014 Earnings Presentation
35 slides from Domino's Pizza Enterprises's earnings presentation, Feb 12, 2014
Slide 1: Half Year Results
For personal use only RESULTS HALF YEAR
Slide 2: Executive Team
For personal use only TEAM EXECUTIVE
Slide 3: Section 1: The Highlights
For personal use only ~ Section 1 ~ THE HIGHLIGHTS
Slide 4: Result Highlights
RESULT HIGHLIGHTS For personal use only These results include Domino’s Japan for the first time since DPE’s 75% equity acquisition in September 2013 (1) Based on underlying results (2) During the DPE ownership period from 3rd Sep to 29th Dec 2013 (3) Underlying NPAT growth after Minority Interest (4
Slide 5: Group Highlights
GROUP HIGHLIGHTS For personal use only • • • • • • ~ 5 ~ * Acquisition and integration costs associated with Domino’s Japan, along with additional restructuring costs in Europe
Slide 6: Significant Charges
SIGNIFICANT CHARGES For personal use only ~ 6 ~
Slide 7: Australia/NZ Highlights
AUSTRALIA/NZ HIGHLIGHTS • For personal use only • • • • • ~ 7 ~
Slide 8: Europe Highlights
EUROPE HIGHLIGHTS For personal use only • • • • • ~ 8 ~
Slide 9: Japan Highlights
JAPAN HIGHLIGHTS • For personal use only • • • • • • ~ 9 ~ (1) During the DPE ownership period from 3rd Sep to 29th Dec 2013
Slide 10: Results Detail
For personal use only ~ Section 2 ~ RESULTS DETAIL
Slide 11: Network Sales Growth
NETWORK SALES GROWTH For personal use only H1 101.5 • • 2007 2008 2009 2010 2011 2012 2013 2014 Australia/NZ Europe Japan • ~ 11 ~ (1) During the DPE ownership period from 3rd Sep to 29th Dec 2013. Note also H1 network sales for Japan in chart above refers to the same period
Slide 12: Network Sales – Australia/NZ
NETWORK SALES – AUSTRALIA/NZ For personal use only 2007 2008 2009 2010 2011 2012 2013 2014 H1 10 H2 10 H1 11 H2 11 H1 12 H2 12 H1 13 H2 13 H1 14 • • • • FY10 has been normalised to remove the effects of the 27 week half • ANZ has been held in constant currency from FY07 ~ 12 ~
Slide 13: Network Sales – Europe
NETWORK SALES – EUROPE For personal use only 2007 2008 2009 2010 2011 2012 2013 2014 H1 10 H2 10 H1 11 H2 11 H1 12 H2 12 H1 13 H2 13 H1 14 • • • • • ~ 13 ~ • FY10 has been normalised to remove the effects of the 27 week half
Slide 14: Network Sales – Japan
NETWORK SALES – JAPAN • For personal use only • • • • • ~ 14 ~ (1) During the DPE ownership period from 3rd Sep to 29th Dec 2013 (2) During the full 6 month period, 28 stores have been added to the network
Slide 15: Network Store Count
NETWORK STORE COUNT For personal use only • • • • • ~ 15 ~ (1) Only includes stores opening in Japan during the DPE ownership period from 3 rd Sep to 29th Dec 2013
Slide 16: Geographic Summary
GEOGRAPHIC SUMMARY • For personal use only • • • • ~ 16 ~
Slide 17: Profit & Loss
PROFIT & LOSS • For personal use only • • • ~ 17 ~
Slide 18: Earnings Per Share
EARNINGS PER SHARE For personal use only FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 • • • ~ 18 ~
Slide 19: Cash Flow
For personal use only ~ 19 ~ • • • CASH FLOW
Slide 20: Balance Sheet
BALANCE SHEET For personal use only • • • • ~ 20 ~
Slide 21: Key Financial Ratios
KEY FINANCIAL RATIOS For personal use only • • (1) Negative Net Debt equates to a Cash Positive position (2) Due to the seasonality of the Japanese business, we have changed the calculation of our half year ROE and ROCE calculations to be on a “Last 12 Months” (LTM) basis rather than for the half ye
Slide 22: Achievements
For personal use only ~ Section 3 ~ ACHIEVEMENTS
Slide 23: Product Innovation
PRODUCT INNOVATION For personal use only • • • ~ 23 ~
Slide 24: Digital Update
DIGITAL UPDATE • For personal use only • • • • • • • ~ 24 ~
Slide 25: European Achievements
EUROPEAN ACHIEVEMENTS For personal use only • • • • • ~ 25 ~
Slide 26: Japanese Achievements
JAPANESE ACHIEVEMENTS • For personal use only • • • • • ~ 26 ~
Slide 27: Outlook
For personal use only ~ Section 4 ~ OUTLOOK
Slide 28: Looking Forward - Australia/NZ
LOOKING FORWARD - AUSTRALIA/NZ • For personal use only • • • • • • • • ~ 28 ~
Slide 29: Looking Forward - Europe
LOOKING FORWARD - EUROPE • For personal use only • • • • • • ~ 29 ~
Slide 30: Looking Forward - Japan
LOOKING FORWARD - JAPAN • For personal use only • • • • • • • ~ 30 ~
Slide 31: Future Outlook – Group Store Count
FUTURE OUTLOOK – GROUP STORE COUNT For personal use only • • • ~ 31 ~
Slide 32: Guidance Update
GUIDANCE UPDATE For personal use only • ~ 32 ~ * Based on underlying results
Slide 33: Trading Update
TRADING UPDATE For personal use only • • • ~ 33 ~
Slide 34: Conclusion
CONCLUSION • For personal use only • • • • • • ~ 34 ~
Slide 35: Disclaimer & Important Information
DISCLAIMER & IMPORTANT INFORMATION For personal use only • • • ~ 35 ~
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