Domino's winning hand

Congratulations to Domino, a home-grown high-tech success story, which finds itself on the shortlist at the upcoming PLC Awards, where it's in the running for Company of the Year.

Reading the blurble attached to this announcement I learned that the Cambridge-headquartered company has recorded 32 consecutive years of growth. That's pretty remarkable in anyone's book. Turnover at the acquisitive business is now just over £300m, and last year the firm made a 17.4% pre-tax margin on that.

I'm reminded of a conversation with someone from A.N. Equipment Manufacturer the other week, sparked by the ongoing speculation about the identity of Heidelberg's digital partner. Said manufacturer made a whistful comment along the lines of "I wish we'd bought Domino a couple of years ago."

Dream on now, friend. Domino's share price today is at the heady heights of 678p (whereas a year ago it was circa 350p), giving it a market cap of £750m. That's greater than Heidelberg (currently €864.5m/£727.5m) and KBA (€295m/£248m).

Kudos to all in Cambridge, and good luck at those awards.