Kotipizza Group Oyj Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended October 31, 2018; Reaffirms Earning Guidance for the Fiscal Year 2019
For the nine months, the company reported net sales of EUR 71,083,000 compared to EUR 62,194,000 a year ago. Operating profit was EUR 5,059,000 compared to EUR 5,018,000 a year ago. Profit was EUR 3,929,000 compared to EUR 3,536,000 a year ago. Basic earnings per share attributable to ordinary equity holders of the parent was EUR 0.62 compared to EUR 0.56 a year ago.
The company reaffirms earning guidance for the fiscal year 2019. The group estimates for the full financial year started 1 February 2018 that the total chain sales of its restaurant chains will be approximately EUR 120 million.