- Refinancing increases costs
- Net debt reduction
Shares in Domino's (DOM) jumped 9 per cent on the morning of its results as investors digested the numbers. The pizza delivery company posted a 20 per cent bump in revenue while pre-tax profit surged 80 per cent thanks to the £40.6mn it made selling its German associate. It plans to use that cash to start a £70mn share buyback programme after the current £20mn program has completed.