Pizza chain makes financial recovery after losses last year
The Herald|September 11, 2024
THE European division of Pizza Hut has made a significant financial recovery, turning a pre-tax profit of $12.2 million (£9.3 million) in 2023, after a substantial loss of nearly $140m (£106.4m) the previous year, as per the latest documents filed with Companies House.
JON ROBINSON
Pizza chain makes financial recovery after losses last year

The London-based arm of the global pizza chain saw a modest increase in turnover from $39.3m (£29.9m) to $39.6m (£30.2m), while its UK revenue rose from $13m (£9.9m) to $13.7m (£10.4m). However, sales across the rest of Europe dipped slightly from $26.2m (£20m) to $25.9m (£19.7m).

Pizza Hut Europe, which generates income through royalties and other earnings from its franchise operations, had suffered a pre-tax loss in 2022 due to an impairment loss of $135m (£103m) on intellectual property, not reflective of its actual or prospective business performance.

この記事は The Herald の September 11, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は The Herald の September 11, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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