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Collins Foods Limited (ASX:CKF)

ALERT: Price-sensitive ASX Announcement for CKF
Current share price for CKF : $8.600 -0.83 (-8.80%)+
Announcement
Release
11 Mar 2026 5:15PM
Price at Release
$9.430
Full Release
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Summary
Collins Foods Limited has announced an accelerated expansion plan in Germany through the acquisition of eight KFC restaurants in Bavaria, leading to a significant increase in their restaurant portfolio there. This move aligns with their strategy to cement Germany as a key growth pillar, capitalizing on KFC's strong brand recognition in the region. Additionally, they have revised their Corporate Franchise Agreement (CFA) in the Netherlands to enhance operational focus and profitability. These initiatives are expected to drive mid-to-high teens growth in their Group Underlying NPAT for FY26. Collins Foods remains committed to expanding its footprint in Europe, with plans to develop 45 to 90 new restaurants in Germany over four years.
Key Points
  • Acquisition of eight KFC restaurants in Bavaria for €31.1m.
  • Expansion plans for 45 to 90 new restaurants in Germany.
  • Germany seen as a strategic growth pillar for Collins Foods.
  • Refocused Netherlands Corporate Franchise Agreement with Yum! Brands.
  • Continued sales growth in Australia, Germany, and the Netherlands.
  • Reaffirmation of mid-to-high teens growth in FY26 Group Underlying NPAT.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.