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Kotipizza Group Oyj: The Kotipizza chain's same-store sales increased by 12.3 percent in June

Kotipizza Group Oyj
Stock Exchange Release 6 July 2017 at 9am (EEST)
The Kotipizza chain's same-store sales increased by 12.3 percent in June

Total sales of the restaurants in the Kotipizza chain, part of Kotipizza Group Oyj, grew by 16.8 percent in June compared to previous year. Same-store sales, based on sales figures from 232 restaurants, rose by 12.3 percent.

This year, the sales in June amounted to 8.52 million euros compared with the 7.29 million euros last year. June 2017 boasted the third-best monthly sales in Kotipizza's history. Monthly sales have exceeded 8 million euros in four subsequent months, including June. The current record for monthly sales was set in July 2016 at 8.64 million euros.

The chain's brick-and-mortar restaurants increased their sales by 18.4 percent and shop-in-shop locations by 10.0 percent. Online store sales grew by 42.2 percent to 560 000 euros. Figures for online sales are mainly based on the sales reported by 71 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 30 June), the cumulative chain sales have increased by 17.9 percent compared to last year, amounting to 40.8 million euros.

The Kotipizza chain's monthly sales in Finland

June 2017 2016 Change (%)
Monthly sales (euro thousands) 8 522 7 294 16.8
Brick-and-mortar restaurants 6 984 5 897 18.4
Shop-in-shop restaurants 1 537 1 397 10.0
 

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

560
 

394
 

42.2
 

Number of Kotipizza restaurants
 

266
 

255
 
Brick-and-mortar 162 152  
Shop-in-shop 104 103  
 

Restaurants offering home delivery
 

71
 

63
 


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 June 2017



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Source: Kotipizza Group Oyj via Globenewswire

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Release Kotipizza chain sales June 2017