Restaurant Brands says it is not disappointed with its half yearly results despite flat revenues and decreasing sales at it's KFC chain.
The company, which owns the KFC, Pizza Hut and Starbuck's chains, made a profit of $8.8 million in the six months to 10 September, an increase of 2% on the same period a year ago.
A key indicator, sales at stores open at least a year, showed Pizza Hut sales jumped by a fifth, while KFC declined, though it regained some lost ground after reviving its Double Down chicken burger.
Restaurant Brands' chief executive Russel Creedy says he's not disappointed with the company's performance and that he's expecting an improved full year profit of $18 million.
Half-year sales remained flat at $167 million with lower KFC and Starbuck sales offset by a stronger performance from its pizza business.
The company warns trading conditions remain challenging and costs have risen.
It declared an unchanged dividend of 6.5 cents a share.
