Domino's brand in Turkey, Russia reports first-half profit rise, margins dip
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(Reuters) - 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 amortisation (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..