- February 13, 2019 / 2 min readKFC India posted a 20% system sales growth in 2018 while recording a 17% system sales growth in the fourth quarter ended December 31, 2018.
The owner of fast food chains KFC, Pizza Hut and Taco Bell, Yum! Brands Inc has posted a strong double-digit sales growth in revenues in India in the fourth quarter ending December and in the full year of 2018.
KFC India posted a 20% system sales growth in 2018 while recording a 17% system sales growth in the fourth quarter ended December 31, 2018.
Samir Menon, Managing Director, KFC India, said, "The quarter ending December, marked the ninth consecutive quarter of positive system sales growth, with a 17 per cent system sales growth for India and area countries."
"The year gone by has been significant for KFC India with major developments on the brand and business front. Making KFC more accessible to consumers was a prime objective through the year- we kept our focus on everyday value, delivery and expanding our physical footprint across the country with new restaurants. We are confident of riding this positive momentum into 2019 and will continue to strengthen the brand through operational excellence and distinctive communication," he added.
Pizza Hut reported a system sales growth of 14% in the fourth quarter. The pizza chain has been consistently posting double-digit growth.
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