Restaurant Brands New Zealand has reported a 62.6% increase in net profit after tax for the 2024 financial year.

The company's net profit reached $26.5 million, driven by strategic initiatives such as effective revenue management, cost control measures, and operational efficiencies.

Group store ebitda also increased by 8.9% to $194.3m.

Total store sales reached a record $1.39 billion, up 5.4% from the previous year.

The company's store numbers now total 521, including owned and franchised locations.

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