KFC Records Increase In Profits In Ireland And The UK

By Dave Simpson
KFC Records Increase In Profits In Ireland And The UK

New accounts lodged by Banner Dell Ltd have revealed that KFC's operation in Ireland and the UK recorded pre-tax profits of £34.26 million (€39.25 million) last year, representing a rise of more than eight-fold on the figure for the previous year.

According to The Irish Independent, the company's revenues rose 21% to £163.7 million during the 55 weeks ending on December 24, 2017, with operating profits increasing 10% to €8.5 million.

Northern Irish Investments

Meanwhile, The Belfast Telegraph reports that KFC is investing £2 million in the construction of a new drive-through restaurant in Glengormley, Co. Antrim, as well as investing £3 million in home delivery services across all of its Northern Irish venues.

© 2018 Hospitality Ireland – your source for the latest industry news. Article by Dave Simpson. Click subscribe to sign up for the Hospitality Ireland print edition.

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