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Hot Topic Hawke's Bay
Hot Topic Hawke's Bay
Investment
4 mins to read

‘Would have been considerably more’: BFG fires up on lost profit

The NZX-listed Burger Fuel Group outlined the financial cost of its recent court hearing.

Burger Fuel reported annual results for its 2024 fiscal year.

Kate McVicar Fri, 31 May 2024
Key points
  • Revenue: Total system sales (all three brands, all regions) up 10.2% to $117.1m. 
  • Profit: Up 47% to $1.33m.
  • Main takeaway: Burger Fuel reported improved earnings but the food retailer emphasised the impact of recent court proceedings.

Burger Fuel reported heated commentary on its recent capital return opposition hearing.

Fiery sentiment shone through in the NZX-listed food retailer’s annual results, with Burger Fuel underlining court costs would come at the expense of profit.

In the chairman and chief executive's review, Burger

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Kate McVicar Fri, 31 May 2024
Contact the Writer: kate@nbr.co.nz
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Key points
  • Revenue: Total system sales (all three brands, all regions) up 10.2% to $117.1m. 
  • Profit: Up 47% to $1.33m.
  • Main takeaway: Burger Fuel reported improved earnings but the food retailer emphasised the impact of recent court proceedings.
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‘Would have been considerably more’: BFG fires up on lost profit
Investment,
104307
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