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Domino's adds toppings to UK growth plans

The pizza company is now targeting 1,600 stores in the UK compared to a previous estimate of 1,200
November 24, 2016

Fast-food giant Domino’s Pizza (DOM) added extra topping this week as it outlined more bullish expansion plans to the market.

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Its strong trading means it is now aiming to have 1,600 UK stores from the 950 it will be running at the end of 2016. This is up from an expected 1,200 earlier this year. Outside the UK, the company has identified opportunities for a total of 400 stores, up from around 100 at the end of 2016.

This excludes the German joint venture which saw it take part ownership of Joey’s Pizza. Pre-tax profit guidance has been held but capital expenditure will be £20m compared to £33m it expected to spend on the half year.