DP Eurasia, which runs Domino’s Pizza brand in Turkey and Russia, reported a 15.1% rise in first-half core profit on Wednesday, but said slower like-for-like sales growth in Russia and stiffening competition in Moscow dented its margins. The company’s adjusted margin for earnings before interest tax, depreciation and amortization (EBITDA) slipped to 7.2% from 7.9% a year earlier, with margins in Russia, which accounts for 39% of its system sales, down to 3.4% from 4.8%. Its system sales, comprising both sales at its corporate and franchised stores, grew 26.4% to 645.4 million lira, driven by new store openings.

source https://finance.yahoo.com/news/1-dominos-brand-turkey-russia-074046739.html?.tsrc=rss