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Domino’s Pizza Group – suffering a German drag, looks fully valued

By Steve Moore | Friday 28 February 2014


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Pizza delivery group Domino's (DOM) has announced a pre-tax profit of £21.59 million for the 52 weeks ended 29th December 2013, down from £42.37 million in the prior year. German impairments, asset write-offs and costs relating to exiting corporate stores in the country all weighed heavily. However, how does the current 556.5p share price contrast with the company being “particularly delighted by the sales performance in our core UK business, which has continued into 2014”?



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