Kotipizza Group Oyj
Stock Exchange Release 24 April 2019 at 9.00 am (EEST)
Kotipizza Group's Financial Statements 2018 published
Kotipizza Group Oyj has published its Financial Statements for 2018 at kotipizzagroup.com/fi/sijoittajat. The Group's Annual Report as well as its Corporate Governance Statement and Remuneration Report are also available on the abovementioned website. All documents are available in Finnish. The PDF files of Kotipizza Group's Financial Statements and Annual Report 2018 as well as the Corporate Governance Statement and Remuneration Report are also enclosed with this release.
English versions of the Financial Statements, Annual Report and supporting documents will be released on the website on Thursday 25 April 2019.
Kotipizza Group Oyj
Tommi Tervanen, CEO
More information:
Tommi Tervanen, CEO
tel. +358 207 716 743
Viktor Söderberg, CFO of Orkla ASA’s Strategy, Development & New Growth Areas business unit
tel. +47 481 32 361
Kotipizza Group in brief
Kotipizza is a Finnish pizza chain founded in 1987. At the end of financial year 2018, the number of restaurants stood at 280. In the financial year 2018, the total sales of Kotipizza restaurants amounted to EUR 122.1 million. The Kotipizza chain and Kotipizza Oyj operating the chain are part of the Kotipizza Group, alongside the supply and logistics company Helsinki Foodstock Oy, Chalupa Oy that operates the Mexican-style restaurant chain Chalupa, The Social Burger Joint Oy that operates the Social Burgerjoint restaurant chain, as well as the No Pizza restaurant concept, aimed for international markets, that opened its first restaurant in June 2018.
In the financial year 2018, Helsinki Foodstock had net sales of EUR 71.1 million, the total sales of Chalupa restaurants were EUR 2.3 million, the total sales of Social Burgerjoint restaurants were EUR 2.9 million and the total sales of No Pizza restaurant was EUR 0.4 million. In the same period, the Kotipizza Group had net sales of EUR 91.5 million with a comparable EBITDA of EUR 9.39 million.
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