Kotipizza Group Oyj: Kotipizza chain's same-store sales increased by 12.8 percent in August

Kotipizza Group Oyj
Stock Exchange Release 6 September 2017 at 9am (EET)
Kotipizza chain's same-store sales increased by 12.8 percent in August

Total sales of the restaurants in the Kotipizza chain, part of Kotipizza Group Oyj, grew by 20.3 percent in August compared to previous year. Same-store sales, based on sales figures from 243 restaurants, rose by 12.8 percent.

This year, the sales in August amounted to 8.95 million euros compared with 7.44 million euros last year. August 2017 boasted the second-best sales in Kotipizza's history. The record for monthly sales, 9.9 million euros, dates from July 2017. August 2017 included, the chain's monthly sales have exceeded 8 million euros in six subsequent months.

The chain's brick-and-mortar restaurants increased their sales by 20.6 percent and shop-in-shop locations by 19.0 percent. Online store sales grew by 37.9 percent to 654 000 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 August), the cumulative chain sales have increased by 17.8 percent compared to last year, amounting to 59.7 million euros.

The Kotipizza chain's monthly sales in Finland

August 2017 2016 Change (%)
Monthly sales (euro thousands)8 9507 44120.3
Brick-and-mortar restaurants 7 3796 12020.6
Shop-in-shop restaurants1 5721 32119.0
 

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

654
 

474
 

37.9
 

Number of Kotipizza restaurants
 

267
 

254
 
Brick-and-mortar162151 
Shop-in-shop105103 
 

Restaurants offering home delivery
 

71
 

62
 



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 and the Mexican-style restaurant chain Chalupa, launched in 2015.
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 chain’s same-store sales August 2017



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Source: Kotipizza Group Oyj via GlobeNewswire

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