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Kotipizza Group Oyj: The Kotipizza chain's same-st

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Post# of 301275
(Total Views: 73)
Posted On: 03/07/2017 3:00:23 AM
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Posted By: News Desk 2018
Kotipizza Group Oyj: The Kotipizza chain's same-store sales increased by 18.3 percent in February

Kotipizza Group Oyj Stock Exchange Release 7 March 2017 at 9.30 am (EET) The Kotipizza chain's same-store sales increased by 18.3 percent in February

Total sales of the Kotipizza chain, part of Kotipizza Group Oyj, grew by 17.5 percent compared to previous year. Same-store sales, based on sales figures from 243 restaurants, rose by 18.3 percent.

This year, the sales in February amounted to 7.31 million euros compared with last year's 6.23 million euros.

The chain's brick-and-mortar restaurants increased their sales by 17.3 percent and shop-in-shop locations by 18.2 percent. Online store sales grew by 48.9 percent to 636 000 euros. Figures for online sales are mainly based on the sales reported by 68 restaurants offering home delivery and count in total towards the sales of brick-and-mortar restaurants.

The Kotipizza chain's monthly sales in Finland

February 2017 2016 Change (%)
Monthly sales (euro thousands) 7 312 6 225 17.5
Brick-and-mortar restaurants   6 143   5 236   17.3
Shop-in-shop restaurants 1 169 989 18.2
  Online store sales (euro thousands) (included in the sales of brick-and-mortar restaurants)       636       427       48.9
  Total number of Kotipizza restaurants     261     252  
Brick-and-mortar restaurants   156   149  
Shop-in-shop restaurants 105 103  
  Restaurants offering home delivery   68   64  

Kotipizza Group Oyj Tommi Tervanen, CEO

For more information: Tommi Tervanen, CEO tel. +358 207 716 743

Timo Pirskanen, CFO tel. +358 207 716 747

Kotipizza Group in brief Kotipizza is a Finnish pizza chain founded in 1987. At the end of financial year 2015, the number of restaurants stood at 257 restaurants. In 2015, the sales of Kotipizza restaurants represented EUR 77.3 million. The Kotipizza Group had net sales of EUR 56.4 million for the financial year 2015 with a comparable EBITDA of EUR 5.03 million respectively. 

Attachments:

http://www.globenewswire.com/NewsRoom/Attachm...d380738294



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