Record Revenue and Growth
Collins Foods achieved the highest first half-year revenue in the company's history, up 6.6% compared to last year. Underlying EBITDA grew by 11%, and underlying NPAT increased by 29.5%.
Debt Reduction and Strong Cash Flow
The company reduced net debt by $20 million to $138.9 million, driven by strong cash flows which also funded capital investment, dividend payments, and debt reduction.
Operational Excellence and Margin Improvement
KFC Australia experienced a 2.3% same-store sales growth, with EBITDA up 9.4% and margins up 80 basis points. The focus on operational improvements and digital investments contributed to these results.
Sustainability Achievements
Collins Foods achieved an 8% reduction in food waste in Australia and 25% in Europe, and installed its largest solar installation in Germany.