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Franchising New business South Africa

Famous Brands first half earnings 91c vs 78c

Fast food restaurant chain Famous Brands on Monday, 26 Ocotber 2009, reported first half diluted headline earnings a share of 91 cents, a 16.6% increase from the 78 cents reported for its first half last year.
Famous Brands first half earnings 91c vs 78c

Headline earnings per share were 16% higher at 93 cents for the six months to end August 2009 from 80 cents for the same six months a year ago.

Revenue increases 14% to R811 million from R715 million and operating profit was up 13% to R140 million from R124 million.

The company declared an interim dividend of 50 cents, 39% up from last year's interim dividend of 36 cents.

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