Domino’s Pizza Enterprises (ASX:DMP) has forecasted that cost-saving measures will boost their FY24 EBIT between A$33 million and A$40 million.

The company is initiating structural adjustments that should result in network savings of A$50-A$60 million in FY24.

The firm has begun FY24 on a solid note with robust sales expansion from Europe and AUNZ.

The restructuring initiatives are anticipated to yield network savings ranging from A$80-A$94 million in FY25.

FY24’s profit growth is expected to stem from the ongoing structural savings efforts.

Net capex is foreseen to meet the lower end of the corporation’s 3-5-year projection.

This financial year is expected to see substantial sales and earnings enhancements.

However, a note of caution prevails, dependent on Asia’s return to volume growth.

Currently, Asian sales growth seems to be underperforming, with a -7.8% SSS registered so far in FY24.

Domino’s Pizza Enterprises is a food service company specializing in pizza delivery and carryout.