Collins Foods Limited (AU:CKF) has released an update.
Collins Foods Limited reported a record Group revenue of $1.49 billion in FY24, a notable achievement attributed to growth across all business units and the addition of 17 new restaurants. The company saw increased sales, particularly in KFC Australia operations, which achieved a 6.6% revenue increase and a significant rise in digital sales, and remained the fastest growing QSR brand in the country. Despite economic challenges, Collins Foods is optimistic about future growth, with plans to expand further, including opening 9 new KFC restaurants in FY25.
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