Domino’s Reports Positive Start to 2025

Domino’s Pizza Group has delivered a positive start to 2025 despite navigating an uncertain market landscape, reporting a 3% increase in like-for-like system sales during Q4 2024.

For the full year ending December 29, 2024, system sales rose by 2% to £1.571 billion, with like-for-like sales growing 0.7%, demonstrating consistent quarter-on-quarter improvement.

Delivery orders rebounded, increasing by 2.4%, while collection orders grew by 0.5%.

The company's underlying EBITDA climbed by 6.4% to £143.4 million on a 52-week basis. 

In December 2024, Domino’s established a new five-year Profitability and Growth Framework (PGF) with its franchise partners. This strategic initiative aims to accelerate long-term expansion, targeting over 1,600 stores generating £2bn in sales by 2028 and 2,000 stores reaching £2.5 billion by 2033. 

Andrew Rennie, CEO, said: "Today’s results show the benefits of our long-term strategy. We’ve capitalised on our competitive strengths, agreed a new five-year framework with our franchise partners and opened 54 stores.

"Our trading momentum accelerated as the year progressed, our delivery channel returned to growth, and we delivered strong underlying earnings growth. This has required relentless focus by our colleagues and franchise partners, and I thank them for their brilliant work."

New chairman

Domino’s has announced the appointment of Ian Bull as its new chairman, succeeding Matt Shattock, who will step down after the Annual General Meeting on April 24, 2025.

Bull, who has served as the group’s senior independent director since September 2019, brings extensive experience from previous roles, including CFO positions at Greene King, Ladbrokes, and Parkdean Resorts.

Bull said: “Domino’s today is a very different business to five years ago and Matt’s guidance and leadership have been hugely valuable, helping stabilise the business initially and moving it onto the strong footing for future growth it has today. I’m delighted to be stepping into the role and look forward to working with my fellow board members, our chief executive Andrew Rennie and all our team members and franchise partners as we take the business to the next level.”

Looking ahead Domino’s remains focused on leveraging its scale and operational strengths to drive sustained growth throughout 2025 and beyond.

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