2026 AGM Chair's and MD & CEO's Addresses and Trading Update
| Stock | Collins Foods Ltd (CKF.ASX) |
|---|---|
| Release Time | 1 Sep 2026, 8:16 a.m. |
| Price Sensitive | Yes |
Collins Foods Ltd AGM Chair's and CEO's Addresses and Trading Update
- Record FY26 revenue and profit
- Exited Taco Bell, expected gain of $20-22m
- Strong growth in Germany, focus on profitability in the Netherlands
- Trading update: Australia sales up 6.4%, Europe sales up 44%
- Board changes: New Chair, retirement of two directors
Collins Foods Ltd had an outstanding year in FY26 with record revenue and profit. The company exited Taco Bell, expecting a gain of $20-22m. Strategic growth priorities include growing Australia faster, building Germany profitably, and running every restaurant better. The company also announced a settlement regarding the class action concerning 10-minute rest pauses. FY26 saw strong growth in Germany and a focus on profitability in the Netherlands. The trading update shows total company sales up 6.6% in the first 17 weeks of FY27, with KFC sales up 6.4% in Australia, -2.5% in the Netherlands, and +44.0% in Germany. Board changes include the appointment of a new Chair and the retirement of two directors.
FY27 total company sales up 6.6% in the first 17 weeks
Collins Foods Ltd expects strong performance in Australia and Europe, with a focus on disciplined growth and profitability. The company aims to deliver outstanding experiences for its people and customers and strong shareholder returns.