News: CKF Collins Foods Declares Fully Franked Final Dividend Of 15.5 AU CPS

June 25 (Reuters) - Collins Foods Ltd (CKF) :

• FULLY FRANKED FINAL DIVIDEND OF 15.5 AU CENTS PER ORDINARY SHARE DECLARED
• SALES IN FIRST 7 WEEKS OF FY25 REFLECTED CONTINUATION OF WEAKER CONSUMER ENVIRONMENT IN AUSTRALIA AND EUROPE
• CONTINUING TO GROW KFC NETWORK WITH AUSTRALIAN EXPANSION IN FY25 EXPECTED TO BE A LITTLE AHEAD OF DEVELOPMENT AGREEMENT COMMITMENT
• SALES IN FIRST 7 WEEKS OF FY25 ALSO REFLECTED LAPPING OF STRONG GROWTH IN PRIOR YEAR
• COST-OF-LIVING & INFLATIONARY PRESSURES EXPECTED TO REMAIN FOR MUCH OF YEAR AHEAD, IMPACTING SALES GROWTH
• EXPECT MARGIN PRESSURE ACROSS GROUP FOR YEAR AHEAD
• EXPLORING AND EVALUATING M&A OPPORTUNITIES FOR KFC IN EXISTING MARKETS AS WELL AS COMPLEMENTARY NEW GEOGRAPHIES
• CONFLICT IN MIDDLE EAST HAS CONTINUED TO IMPACT SALES, PARTICULARLY IN NETHERLANDS