Restaurant Brands New Zealand Limited ( (RTBRF) ) has released its Q4 earnings. Here is a breakdown of the information Restaurant Brands New Zealand Limited presented to its investors.
Restaurant Brands New Zealand Limited operates quick service and takeaway restaurants across New Zealand, Australia, California, and Hawaii, and is listed on both the New Zealand and Australian Stock Exchanges. The company has reported its financial results for the year ending December 31, 2024, showcasing a strong performance with increased revenues and profits. The company achieved a total operating revenue of NZD 1.47 billion, up from NZD 1.39 billion in the previous year, driven by a rise in store sales revenue and other revenue streams. The profit after taxation attributable to shareholders rose significantly to NZD 26.5 million from NZD 16.3 million, reflecting improved operational efficiencies and cost management. Key financial highlights include a gross profit of NZD 250.3 million and an operating profit of NZD 93.9 million, both showing substantial growth compared to the previous year. The company also reported a basic and diluted earnings per share of 21.26 cents, up from 13.04 cents. Looking ahead, Restaurant Brands New Zealand Limited remains focused on optimizing its store portfolio and managing costs effectively, while navigating challenges in certain markets. The management is optimistic about sustaining growth and enhancing shareholder value in the coming year.