Restaurant Brands posts flat 1H earnings, sees better second half

Wed, 16 Oct 2013

By Tina Morrison Oct. 17 (BusinessDesk) – Restaurant Brands New Zealand, which operates four fast food chains, posted flat first half earnings, but said an improvement in the second half would see full-year earnings rise as much as 7.3 percent. Profit excluding non-trading items was $8.8 million in the 28 weeks to Sept. 9, in line with the year earlier, the Auckland-based company said in a statement. An improvement in the second half will see full-year earnings of between $18 million and $19 million, up from $17.7 million a year earlier, the...

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