Spread Research - Burger King France- 4Q17 - Strong quarter, again; FY18 to be another milestone

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Spread Research

Anthony Giret

EUR 200.00 For Business Accounts Only

Burger King France- 4Q17 - Strong quarter, again; FY18 to be another milestone

Burger King France (‘BK France’) has published another set of good results, for 4Q17, showing broadly the same positive trends as for the first 9 months of the year with strong sales and margins expansion. System-wide sales (aggregate sales achieved both by franchise and company restaurants) increased by 10% yoy in Q4 (+13% to €1.1bn in FY17), and reported EBITDA increased by 22% to €27m in Q1 (FY17: +37%)

11/04/2018 2 EN

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Spread Research

Spread Research is France's first Rating Agency, registered by ESMA (European Securities and Markets Authority) and a leading European Independent Credit Research firm, founded in 2004 and based in Lyon, France. Our experienced team offer key research services using a wide range of investment strategies and research methodologies for the High Yield, Emerging Markets, Convertibles and Loan Markets.

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Analysts

Anthony Giret

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Burger King France- 4Q17 - Strong quarter, again; FY18 to be another milestone

Gamenet 2q18 - sport payout change offsets regulation impact, goldbet to boost profitability

INTRALOT- Special Comment

IQVIA- 2Q18 Comments

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