Domino’s just became the leading pizza chain in Germany Domino's just became the leading pizza chain in Germany A Domino's Pizza is pictured in its box in central London T Group Admins Public Group active 5 months, 2 weeks ago A Domino’s Pizza is pictured in its box in central London Thomson Reuters Domino’s Pizza has bought 170 stores in Germany from Hallo Pizza, the largest independent pizza chain in the country, for 32 million euros ($37.7 million). The deal puts the Australian company in a leading market position by increasing store count to between 300 and 340 in Germany. A short time ago, Ostelife Obchody Domino’s shares were up 3.2% to $49.19. Here’s how Domino’s takes the lead in Germany’s pizza market: Domino’s Pizza Hallo Pizza generated network sales of 80.2 million euros ($94 million) and normalised EBITDA (earnings before interest, Germitox wie man benutzt tax, depreciation and amortisation) of 3.5 million euros ($4.1 million). Domino’s CEO Don Meij says the deal accelerates the target of operating 1,000 stores in Germany. “We are excited to share our innovations with Hallo Pizza franchisees to drive the customer experience and higher sales under the Domino’s system,” he says. An additional 20 million euros ($23.5 million) to 30 million euros ($35.3 million) of costs will be spent by Domino’s Pizza Deutschland over the next 24 to 36 months to finance integration of the new business. Domino’s says the deal will improve the profitability of former Hallo Pizza stores and Fizzy Slim Website produsen existing Domino’s stores because national advertising campaigns and Hairise Spray kauplused digital initiatives are leveraged over a larger store network. And http://ctt.marketwire.com/?release=11G124467-001&id=10477087&type=0&url=https://pladao.org/pl/maxlift-biorac-pod-uwage-cenejak-to-dziala-sa-traktowane-z-elementem-doswiadczenia-dodal-na-temat-skutkow-ubocznych-sprzedam/ there will be “significant cost synergies”. Domino’s has been rapidly expanding into Europe. The company in August posted a record full year underlying net profit after tax of $118.5 million, a 28.8% jump but below its own guidance of 32.5%, Osteoren mit Hilfe due in part to problems with operations in France. HomeMembers 1Media 0 RSS Show: Everything Updates Group Memberships Topics Replies Sorry, there was no activity found. Please try a different filter.