Domino’s Irish franchise pays €8m dividend as profits jump 17%
Shorecal Limited operates 27 Domino’s outlets around Ireland and increased turnover to €55 million despite ‘lower than expected’ trading activity
Ireland’s largest Domino’s pizza franchisee paid its shareholders an €8 million dividend last year as its profits rose despite sales falling short of expectations.
Shorecal Limited, which is controlled by the Belfast-based Caldwell family and runs 27 Domino’s restaurants in Ireland, reported a 17 per cent rise in profits in the year ended December 27, 2020.
After tax, the firm posted profits of €8.84 million last year, up from €7.5 million in its previous fiscal ...