Restaurant Brands expects to at least match last year's profit

Fri, 29 Jun 2012

June 29 (BusinessDesk) - Restaurant Brands, the fast food company expects to at least match last year's profit in the year ending February 2013, chairman Ted van Arkel told the annual shareholders' meeting. “Even though the 2012 underlying profit was down on 2011's stellar result, directors consider the 2012 profit performance to have been satisfactory, given the continuing tough economic environment,” van Arkel said. “Our expectations for 2013 are for a result of at least the same level,” he said. Restaurant Brands reported a 29.5 percent...

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