Restaurant Brands (NZX:RBD) achieves record sales, NPAT up 62.6%

Restaurant Brands New Zealand (NZX:RBD) reported record sales of NZD1.3936b for the year ended December 31, 2024, a 5.4% increase compared to the previous year. Net Profit After Tax (NPAT) increased 62.6% to NZD26.5m. The company's growth was primarily driven by strong performances in New Zealand and Hawaii, while Australia and California faced challenges due to cost of living pressures. Nine new stores were opened during the fiscal year. Looking ahead, Restaurant Brands anticipates continued cost pressures but projects a gradual economic recovery in the latter half of 2025. No dividend has been declared.