FY25 Appendix 4E and Annual Report
| Stock | Collins Foods Ltd (CKF.ASX) |
|---|---|
| Release Time | 24 Jun 2025, 8:25 a.m. |
| Price Sensitive | Yes |
Collins Foods Delivers FY25 Results, Exits Taco Bell
- Record group revenue of $1,519.5 million, up 2.1%
- Underlying NPAT of $51.1 million, down 14.8%
- Exited Taco Bell business, focusing on KFC growth in Australia and Germany
Collins Foods Limited (ASX: CKF) has reported its FY25 financial results, delivering record group revenue of $1,519.5 million, up 2.1% from the prior year. However, the company's underlying net profit after tax (NPAT) declined 14.8% to $51.1 million due to the dual impacts of cost inflation and weaker consumer sentiment. Following a strategic review, the company has decided to exit its Taco Bell business and focus on growing its KFC operations in Australia and Germany. In Australia, the KFC business continues to drive growth and profitability through further network expansion and innovation. In Germany, the company has signed a binding agreement with Yum! Brands to accelerate restaurant development, targeting 40-70 new KFC restaurants in the next five years. The Netherlands market remains a priority for improving profitability, with a focus on delivering high-quality customer experiences to drive sales and improve productivity. The company has also committed to meeting its obligations under the Fair Work Act, recognizing that people are at the heart of the business, and is reviewing historical employment and wage data to determine whether employees may have been entitled to additional payments. Looking ahead, Collins Foods is targeting year-on-year group underlying NPAT (post AASB16) growth in the low to mid-teens (percentage basis) in FY26.
In FY26, Collins Foods is targeting year-on-year Group underlying NPAT (post AASB16) growth in the low to mid-teens (percentage basis).
The year ahead will see the Company execute on its strategic priorities, notably delivering profitable growth in Australia, developing and scaling Germany, driving improved profitability in Netherlands, and transitioning its Taco Bell operations to new ownership in partnership with Taco Bell International. All of this will be underpinned by a relentless focus on operational excellence.