Domino's Pizza has reported pre-tax profit up 34.9% to £8.8m for the 53 weeks to 2 January 2005, and like-for-like sales growth of 6.6%. The company issued preliminary results for the period which show that underlying operating profits rose 40.6% and basic earnings per share were up 46.7% to 13.23p, diluted earnings per share reached 12.67, up 51%. The company dividend will be 5.25p per share, an increase of 50% on last year. During the course of the year 40 new stores were opened bringing the number of Domino's Pizza stores in the UK to 357. Chief executive Stephen Hemsley said: "2004 was another very successful year for the company with sales reaching record levels both system-wide and at store level. Profitability also continued to grow very strongly as the benefits of our high operational gearing became still more apparent. "Trading in the first six weeks of the current year has got off to a good start with like-for-like sales up 6.6%. Our store opening programme is also well on track to achieve our targets."