Kotipizza Group Oyj - Inside information

Kotipizza Group Oyj: KOTIPIZZA UPGRADES ITS OUTLOOK FOR THE FINANCIAL YEAR

Kotipizza Group Oyj
Stock Exchange Release 6 June 2017 at 1.00 pm (EEST)
Kotipizza Group upgrades its outlook for the financial year
Kotipizza Group Oyj upgrades its outlook for the financial year ending 31
January 2018. The reasons for the upgrade are the unexpectedly strong sales
growth in the Kotipizza chain and the management's updated outlook on sales in
the remaining period of the financial year.
New outlook
The Group estimates for the full financial year that the chain-based net sales
will grow by over ten (10) per cent as compared to the previous financial year
and that comparable EBITDA will grow as compared to the previous year.
Old outlook, published on 21 March 2017
The Group estimates for the full financial year that the chain-based net sales
will grow by over five (5) per cent as compared to the previous financial year
and that comparable EBITDA will grow as compared to the previous year.
Kotipizza Group Oyj
Tommi Tervanen, CEO

More information:
Tommi Tervanen, CEO
tel. +358 207 716 743

Timo Pirskanen, CFO
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. In the same
period, the Kotipizza Group had net sales of EUR 66.6 million with a comparable
EBITDA of EUR 6.73 million respectively.


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Kotipizza Group upgrades its outlook for the financial year 060617.pdf