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Burger King to open more restaurants

Philip Roth by Philip Roth
October 13, 2023
in UK
Burger King to open more restaurants
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Burger King  are to open more than 60 new restaurants over the next two years across the UK.

Burger King currently operates 553 restaurants in the UK and Alasdair Murdoch, chief executive of Burger King UK, said the business “delivered good growth during the year, despite industry-wide headwinds.”

The fast food restaurant said their continued expansion has helped to drive revenues up by 39% to £294.5 million last year.

The business said that higher cost inflation was the cause of the underlying pre-tax earnings to drop to £15.2 million from £33.1 million a year even though there was an increase in sales.

Murdoch said: “I am pleased to announce a resilient full year performance and strong strategic progress in 2022 as we announce ambitious plans to open 60 new restaurants over the next two years.

“Alongside new restaurant openings and the acquisition of our largest franchise partner, Karali Group, we continued our strategic focus on growing digital sales including home delivery and the introduction of our loyalty scheme on the Burger King app.

“We also continued to invest in our customer proposition – our remodelling programme is well underway with 42 restaurants being upgraded during 2022 and 2023, and we are progressing our menu innovation to cater to all preferences.

“Looking ahead we see significant opportunity for further growth and are encouraged by the strong pipeline of new openings, supported by additional funding from Bridgepoint.”



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