• Enhanced focus on operational excellence delivering results
• Growth momentum sustained, record revenues in HY26
• Earnings and margins up on prior year

Collins Foods Limited reported a strong set of results for the first half of FY26, with record revenues of $750.3 million, up 6.6% on the prior corresponding period (pcp). The company's core Australian KFC business delivered 5.0% revenue growth, with same-store sales (SSS) increasing 2.3%. The European operations also performed well, with revenue up 14.6% (5.3% in constant currency) driven by improvements in both the Netherlands and Germany. Underlying EBITDA increased 11.0% to $113.9 million, with margins expanding 59 basis points to 15.2%, reflecting stronger sales and productivity gains. Underlying NPAT was up 29.5% to $30.8 million, with earnings per share increasing from 20.2 cents to 26.1 cents. The company maintained a strong balance sheet, with net debt reducing to $138.9 million and the net leverage ratio improving to 0.89. Collins Foods continued to invest in its network, opening 8 new KFC restaurants in Australia and 5 in Europe during the half, while also progressing 37 remodels including 4 'supercharged' upgrades. The company provided a favourable update to its outlook, highlighting its focus on operational excellence, brand health, and growth initiatives in both core and new markets.

Collins Foods expects to open 8 to 10 new KFC restaurants in Australia during FY26, and continue its remodeling program with around 37 remodels, including 4 'supercharged' upgrades.

Collins Foods highlighted its focus on operational excellence, brand health, and growth initiatives in both core and new markets. The company expects to continue its disciplined network expansion and remodeling program, while also investing in digital capabilities and sustainability initiatives to drive long-term shareholder value.