Still going strong____http://www.investegate.co.uk/domino-s-pizza-grp--dom-/rns/quarter-one-interim-management-statement/201304040700145167B/
26 Feb '13
not only Germany will be loss making, but Switzerland as well. Out of the 12 company owned stores they took over from Global Brands, only 10 remain open (for the time being). Then there is still Austria to be opened.
With the possibility of three years of losses in Germany, we think the share rating is in danger of slipping from the current level, based on consensus estimates of 15 per cent EPS growth. Also, given the headwinds the group faces this year, forecasts may well be cut as the year develops. True, there may be some hype when Domino's announces 2012's results next month but, on a 12-month view
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