Pizza chain Dominos said it was looking to step up its share buy back programme after it increased its profits by a third in the year to January 2.
The AIM listed company saw pretax profits rise by 34.9 per cent to £8.8 million from £6.5 million in 2003.
The firm has already bought 800,000 shares at a cost £1.6 million.
Chief executive Stephen Hemsley said: "We are going to continue to return cash to shareholders through share buy back. I would think it would be bigger than 2004."
The company's strong performance was spearheaded by a growth in the size of the firm, which opened 40 new delivery stores during the year to take its total to 357.
The increased number of stores meant the company had a bigger advertising budget to spend on campaigns like its long running link up with The Simpsons.
Chairman Colin Halpern said: "For us here at Domino's Pizza in the UK and Ireland, bigger seems to present us with more opportunities to get better at what we do.
"As our store numbers grow, so do our systemwide sales. In 2004, total sales from all stores reached a record-setting £174.3 million, a £32 million increase over 2003."
Mr Halpern said the company would continue its expansion drive and was ultimately targeting 1,000 stores.
He said: "As the number of stores increases, the associated costs per store are reduced. For example, consider our National Advertising Fund (NAF) which finances our marketing campaigns and is made up of contributions from all stores.
"The NAF provides for the continuation of our very successful relationship withThe Simpsons on Sky One as well as all of our TV advertisements and campaigns in support of new product developments.
"In 2004 our NAF grew to £ 7 million, up from £5.7 million in 2003."
Mr Halpern added that demand for pizzas was likely to rise as people enjoyed watching videos and DVDs at home.
He said: "Demand for home-delivered pizza is following suit as people seek to enjoy more time in their homes.
"A quick look at the growth in our e-commerce business is clear evidence that more people are logging on, ordering a pizza and sitting down at home to enjoy as much leisure time there as possible."
The company said it was increasing its dividend by 50 per cent from 3.5p per share to 5.25p.