Restaurant Brands Asia posts strong Q1 growth
Restaurant Brands Asia's India business saw revenue grow 12.6% to INR552 crores, with restaurant EBITDA increasing 23% to INR53.6 crores and company EBITDA rising 28.6% to INR22.5 crores.
The company added 6 net new restaurants, bringing the total to 580, with 93% now featuring self-ordering kiosks and 90% of sales from digital platforms.
In Indonesia, Burger King's average daily sales increased by 1 million IDR per restaurant over nine months. Corporate overheads were reduced by 25% with a target of 35% reduction.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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