05.02.2016 - Yum! Brands plans to increase its operating profit by 10%

The company Yum! Brands which operates a chain of restaurants KFC, Pizza Hut and Taco Bell published a report for the last quarter. The company's revenue for the 4th quarter totaled 3.95 billion dollars against 4.02 billion dollars forecast. In addition the company announced its intention to increase operating profit by 10% in 2016. Sales growth in Russia, part of which in sales is about 5%, excluding the strengthening of the dollar increased by 35% for the quarter compared to the same period in 2014. We expect a decline in the coming months, but in the second half of the year the situation may improve.

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