Belfast Telegraph

Domino's to increase its Irish outlets

By John Mulligan

Pizza chain Domino's is expanding its supply facilities in Ireland, where a large number of stores are owned by two business people from Northern Ireland.

It's to expand the number of outlets on the island from 49 to 75.

UK-listed Domino's Pizza Group, which controls the franchise in Ireland, the UK and other countries in Europe, said a recovering Irish economy has boosted sales for the group in the Republic, with adoption of digital channels by consumers helping to propel purchases.

A big slice of the Domino's business in Ireland is controlled by Northern Ireland businessmen Charles and Adrian Caldwell. In 2016, the company owned by them which controls a number of Domino's Pizza outlets in Ireland, saw revenue rise 5.3% to €45.5m (£40.6m).

Pre-tax profit was 4.7% higher at nearly €7.5m (£6.7m). The Caldwells paid around £20m to buy Domino's outlets from Kevin and Murph O'Driscoll.

Belfast Telegraph

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