21st Jan 2015 07:37
LONDON (Alliance News) - Domino's Pizza Group PLC Wednesday said it has started looking for a new chief financial officer after Sean Wilkins resigned and stepped down with immediate effect, as it said that trading in the final quarter of its last financial year continued to be positive and pretax profit will be in line with, or even marginally ahead of, consensus forecasts.
The pizza delivery company didn't say why Wilkins stepped down, but in a statement Chairman Stephen Hemsley wished him every success for the future. Wilkins said he was proud to have worked for the company and said he was confident it will continue to perform strongly.
"Trading has continued to be positive in the final quarter of the financial year and the board expects profit before tax for the year to be in line with, or marginally ahead of, consensus forecasts," the company added.
It will report its results for the year to December 28, 2014 on February 26.
The company is expected to report a pretax profit of GBP54.3 million for the year, according to a consensus of four analysts on Morningstar. It reported a pretax profit including its fledgling German and Swiss operations of GBP47.6 million for fiscal 2013, and a profit of GBP55.2 million excluding them.
By Steve McGrath; [email protected]; @stevemcgrath1
Copyright 2015 Alliance News Limited. All Rights Reserved.
Related Shares:
Dominos