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Monday, 7 August 2017

Kotipizza Group Oyj: The Kotipizza chain attains record sales in July, same-store sales increased by 12,5 percent

Kotipizza Group Oyj    

Published: 08:00 CEST 07-08-2017 /GlobeNewswire /Source: Kotipizza Group Oyj / : PIZZA /ISIN: FI4000157235

Kotipizza Group Oyj: The Kotipizza chain attains record sales in July, same-store sales increased by 12,5 percent

Kotipizza Group Oyj

Stock Exchange Release 7 August 2017 at 9am (EEST)

The Kotipizza chain attains record sales in July, same-store sales increased by 12,5 percent

 

Total sales of the restaurants in the Kotipizza chain, part of Kotipizza Group Oyj, grew by 15.1 percent in July compared to previous year. Same-store sales, based on sales figures from 237 restaurants, rose by 12.5 percent.

 

This year, the sales in July amounted to 9.93 million euros compared with 8.62 million euros last year. July 2017 boasted the best sales in Kotipizza's history. The previous record dated from July 2016. July 2017 included, the chain's monthly sales have exceeded 8 million euros in five subsequent months.

 

The chain's brick-and-mortar restaurants increased their sales by 15.8 percent and shop-in-shop locations by 12.8 percent. Online store sales grew by 25.3 percent to 603 000 euros. Figures for online sales are mainly based on the sales reported by 70 restaurants offering home delivery and count towards the sales of brick-and-mortar restaurants.

 

Since the beginning of the current financial year (1 February to 31 July), the cumulative chain sales have increased by 17.4 percent compared to last year, amounting to 50.7 million euros.

 

The Kotipizza chain's monthly sales in Finland

 

July

2017

2016

Change (%)

Monthly sales (euro thousands)

9 927

8 622

15.1

Brick-and-mortar restaurants

7 901

6 825

15.8

Shop-in-shop restaurants

2 026

1 796

12.8

 

Online store sales (euro thousands, included in the sales of brick-and-mortar restaurants)

 

603

 

481

 

25.3

 

Number of Kotipizza restaurants

 

267

 

255

 

Brick-and-mortar

162

152

 

Shop-in-shop

105

103

 

 

Restaurants offering home delivery

 

70

 

64

 

 

 


Kotipizza Group Oyj

Tommi Tervanen, CEO

 

For more information:

Tommi Tervanen, CEO

tel. +358 207 716 743

 

Timo Pirskanen, CFO and Deputy to the CEO

tel. +358 207 716 747

 

Kotipizza Group in brief

Kotipizza is a Finnish pizza chain founded in 1987. At the end of financial year 2016, the number of restaurants stood at 257. In the financial year 2016, the total sales of Kotipizza restaurants amounted to EUR 89.9 million. In the same period, the Kotipizza Group had net sales of EUR 66.6 million with a comparable EBITDA of EUR 6.73 million respectively.

 



Release Kotipizza chain sales July 2017



This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of NASDAQ OMX Corporate Solutions clients. Source: Kotipizza Group Oyj, Hermannin rantatie 8, Helsinki 00580, Suomi
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