Fast food giant targets dozens of new restaurants a year despite ‘rising costs’
Major burger chain to open more restaurants in UK expansion
- Burger King UK plans to open 30 new restaurants annually from 2026, aiming for continued expansion despite a challenging economic landscape.
- The fast-food chain reported a 7 per cent increase in revenues to £408.3 million in 2024, with like-for-like sales growing by 4.5 per cent.
- Underlying earnings rose by 12 per cent to £26 million, attributed to disciplined cost control and operational focus.
- The company noted 'softer' consumer sentiment and rising labour costs, but also 'further signs of improvement' throughout the current year due to slowing inflation.
- Burger King UK has secured an agreement to extend its franchise rights to the Republic of Ireland, providing new opportunities for expansion.