4 March 2010
NZX
RESTAURANT BRANDS FORECASTS ANNUAL PROFIT UP 67% TO $19.5M
A combination of stronger than expected trading over the last quarter of the
year (especially from its KFC stores) and the successful resolution of a
pricing review with a major supplier has meant that the company will deliver
a trading result ahead of previous expectations for the year. Restaurant
Brands now anticipates its full year net profit after tax (excluding non
trading items) for the year ended 28 February 2010 will be in the vicinity of
$19.5 million (20 cents per share). This will represent an improvement of
$7.8 million or 67% on the prior year''s result.
The annual profit announcement will be made on 7 April 2010.
For further information please contact
Russel Creedy Grant Ellis
CEO CFO/Company Secretary
Phone: 525 8722 Phone: 525 8722
ENDS
End CA:00192091 For:RBD Type:FORECAST Time:2010-03-04:11:17:38