KFC-Den-Bosch-2-2000

2024
Annual
Report

At Collins Foods, Restaurants are Done Better. We are an ASX-listed entity, proudly employing more than 20,000 team members within 381 KFC and Taco Bell restaurants across Australia and Europe.

Download the full report

2024 was a year where Collins Foods maintained its growth momentum delivering record revenue, positive same store sales and higher earnings.

Collins_Revenue

Our Activities, Achievements and Outlook

chair-image1

Chair's Message

The group achieved solid financial performance over the year, with strong growth in revenues flowing through to a double-digit increase in earnings, despite a challenging operating environment

...
Read the full message
kevin-383x265

Interim Managing Director & CEO's Report

We have a long-term mindset and remain focused on managing the controllables — improving accessibility to the brand, optimising operations, and continuing to raise the bar on customer expectations

...
Read the full report
Restaurants-Done-Better-300

Vision and Mission

Our food and service bring people together and support social connection no matter a person’s age, background or culture. Everyone is welcome at Collins Foods’ restaurants.

...
Find out more

2024
Highlights

10.4 %

REVENUE*

$1,488.9m
(FY23: $1,348.6m)

*Note this metric represents continuing operations, excluding Sizzler Asia

12.0 %

UNDERLYING EBITDA*

UP $229.8m
(FY23: $205.1m)

*Note this metric represents continuing operations, excluding Sizzler Asia

28.0 CPS

TOTAL FY24 FULLY FRANKED DIVIDEND

FINAL: 15.5 CPS;
INTERIM: 12.5 CPS
(FY23: 27.0 CPS)

$ 30.2 m

NET OPERATING CASH FLOW

TO $176.4m

$ 45.7 m

NET DEBT

TO $165.5m

381

OPERATED 381 RESTAURANTS

IN AUSTRALIA, THE NETHERLANDS AND GERMANY

501.9 %

STATUTORY NPAT**

TO $76.7m
(FY23: $12.7m)

** Movement in statutory NPAT $76.7m, vs. $12.7m FY23 includes impact of underlying performance, $20.2m profit on sale of Sizzler Asia FY24, impairment of Taco Bell FY23 $36.7m and resultant depreciation reduction FY24 ($3.3m)

14.6 %

UNDERLYING NPAT*

UP $60.0m
(FY23: $51.9m)

*Note this metric represents continuing operations, excluding Sizzler Asia

- 2.7 %

MEDIAN TOTAL RENUMERATION GENDER PAY GAP

Inside
This Year's Report

During FY24, we delivered record revenue, positive same store sales and higher earnings. Details on these achievements, as well as other 2024 highlights can be found in our full 2024 Annual Report.

View this section of the report.

We have identified our material topics and organised them into five categories to guide our sustainability efforts and assist with streamlined reporting.

View this section of the report.

We are proud to share details of our footprint across Australia, the Netherlands and Germany.

View this section of the report.

Our
Report

Thank you for your interest in Collins Foods’ performance. Further detail on our activities, achievements and outlook for the future can be found in our full 2024 Annual Report.

Our other reports are also available below:

2024 Sustainability Report (Online)

Previous reports