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2016-08-08 10:35:30 CEST 2016-08-08 10:35:30 CEST REGULATED INFORMATION Kotipizza Group Oyj - Company AnnouncementKotipizza Group Oyj: Kotipizza chain reports record sales in JulyKotipizza Group Oyj Stock Exchange Release 8 August 2016 at 11.35 am (EET) Kotipizza chain reports record sales in July Total sales of the Kotipizza chain, which is a part of Kotipizza Group Oyj, grew 21.7 percent and same-store sales grew 21.2 percent in July compared to those in the previous year. Same-store sales are based on sales figures from 242 restaurants. This year the monthly sales amounted to 8.64 million euros and last year to 7.10 million euros. The July monthly sales were the highest in the history of the chain and first which reached over eight million. The previous monthly sales record, 7.29 million euros, was reported in June. The cumulative chain sales from the beginning of the financial year (1 February to 31 July) have grown 16.1 percent compared to those in the previous year and amount to 43.2 million euros. "Our sales have reached a whole new level due to a combination of factors. They are based on our renewed brand, successful marketing, and the emphasis we have placed on our online store and digital presence. The most important factor in our success are our franchisees who work tirelessly to put the Kotipizza brand and the best customer experience in Finland into practice. The July sales were further boosted by the fact that there were five weekends in the month", Kotipizza Group CEO Tommi Tervanen says. The Kotipizza chain monthly sales in Finland July 2016 2015 Monthly sales (euro thousands) 8 638 7 099 Change (%) 21.7 Total number of Kotipizza stores 254 266 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 2015, the number of restaurants stood at 257 restaurants. In 2015, the sales of Kotipizza restaurants were EUR 77.3 million. Kotipizza Group net sales were EUR 56.4 million for the financial year 2015 with a comparable EBITDA of EUR 5.03 million respectively. [HUG#2033785] |
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