Close

Kotipizza Group Oyj: Kotipizza chain's same-store sales increased by 15.1 percent in February

Kotipizza Group Oyj
Press release 7 March 2018 at 9.30am (EET)
Kotipizza chain's same-store sales increased by 15.1 percent in February

Total sales of restaurants in the Kotipizza chain, part of Kotipizza Group Oyj, grew by 19.6 percent in February 2018 compared to the year before. Same-store sales, based on sales figures from 240 restaurants, rose by 15.1 percent.

In 2018, the sales in February amounted to 8.7 million euros compared with the 7.3 million euros in the previous year. February 2018 included, the chain's sales have risen for 35 consecutive months.

The chain's brick-and-mortar restaurants increased their sales by 21.2 percent and shop-in-shop locations by 11.0 percent. Online store sales grew by 39.1 percent to 884 000 euros. Figures for online sales are mainly based on the sales reported by 78 restaurants offering home delivery and count towards the sales of brick-and-mortar restaurants.

Total sales of restaurants in the Chalupa chain, part of Kotipizza Group Oyj, grew by 58.9 percent in February 2018 compared to the year before. In February 2018, the sales amounted to 152 000 euros. Same-store sales, based on sales figures from 7 restaurants, decreased by 29.1 percent.

Sales in the Social Burgerjoint restaurant, part of Kotipizza Group Oyj, grew by 23.0 percent in February 2018 compared to the year before. In February 2018, the sales amounted to 62 000 euros.

The Kotipizza chain's monthly sales

February 2018 2017 Change (%)
Monthly sales (euro thousands) 8 735 7 306 19.6
Brick-and-mortar restaurants 7 444 6 143 21.2
Shop-in-shop restaurants 1 291 1 163 11.0
 

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

884
 

636
 

39.1
 

Number of Kotipizza restaurants
 

266
 

261
 
Brick-and-mortar 169 156  
Shop-in-shop 97 105  
 

Restaurants offering home delivery
 

78
 

69
 

The Chalupa chain's monthly sales

February 2018 2017 Change (%)
Monthly sales (euro thousands) 152 96 58.9
 

Number of Chalupa restaurants
 

13
 

7
 

The Social Burgerjoint restaurant's monthly sales

February 2018 2017 Change (%)
Monthly sales (euro thousands) 62 51 23.0

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. The Kotipizza chain is part of the Kotipizza Group, alongside the supply and logistics company Helsinki Foodstock Oy, Chalupa Oy that operates the Mexican-style restaurant chain Chalupa launched in 2015, as well as The Social Burger Joint Oy, acquired in December 2017, that operates the Social Burgerjoint restaurant and the Social Food food truck.
In the financial year 2016, Helsinki Foodstock had net sales of EUR 53.2 million and the total sales of Chalupa restaurants were EUR 1,04 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.

Release Kotipizza sales February 2018



This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Kotipizza Group Oyj via Globenewswire

Attachments

Release Kotipizza sales February 2018