Ireland to benefit from Domino's growth

 
Feb. 18, 2002

Domino's Pizza UK& IRL wants to boost store numbers and employees in Northern Ireland.

According to The Belfast Telegraph, the pizza chain plans to create at least 60 new jobs in Ulster alone by 2006.

Currently, two franchisees run outlets in Belfast and Bangor.

Colin Halpern, chairman of Domino's Pizza UK& IRL, said the company is aiming to double its U.K. stores to 500 in four years.

In 2001, the company delivered more than 1 million pies throughout the U.K., and Halpern wants that number to reach 2.5 million in 2006.

Chief executive Stephen Hemsley said the company was committed to support accelerating store openings with increased marketing. He also claimed that strong sales and store 24 openings in 2001 gave Domino's "clear leadership" of the home delivery pizza market in the UK.

In 2001, Domino's Pizza UK& IRL's posted pre-tax profit increase of 31 percent (about $4.2 million) on revenues of about $62.6 million.

Ann Arbor, Mich.-based Domino's Pizza, has more than 7,100 stores in 64 countries.


Topics: Public Companies


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