Domino’s Pizza posts a rise in annual profits and expects sales growth to ramp up in 2022

The takeaway chain reported pre-tax profits of £109.7 million for the year to December 26, up from £98.9 million the previous year.

On an underlying basis, profits rose 12.5% to £113.9 million as like-for-like sales rose 10.9%, excluding so-called split territories.

The group, which recently ended a long-running dispute with its franchise partners, said trading had started well in 2022 despite coming up against tough comparisons from a year earlier when sales were boosted amid lockdown restrictions.

It added: “We are well placed to adapt to changing market conditions and ongoing challenges related to inflation and recruitment.

“As such, we continue to expect an acceleration in underlying system sales growth.”