Friday, March 17, 2017

Arcos Dorados in Brazil sales advanced 3% in 2016

The brazilian Division of Arcos Dorados, fast-food franchise McDonald''s, saw high 3% of revenues in 2016 before 2015. Revenue was $378,200,000 in the 4th quarter of 2016 and $1.3 billion in the year. In relation to adjusted Ebitda in the fourth quarter of 2016 the company reported a 32% higher result in reais, reaching US $63,100,000. In the year, there were 23.4% high before 2015, excluding non-recurring items, $168,100,000. "In 2016 the brazilian operation amounted to your recipe and expanded the profitability in a challenging economic environment," says the Brazil Division CEO Arcos Dorados, Paulo Calderon. Among the factors that contributed most to the high, he says by way of note, are the menu management issues and marketing and institutional actions.
DCI - 16/03/2017
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