Restaurant Brands New Zealand Ltd. Annual Shareholders’ Meeting Highlights

On May 23, 2025, Restaurant Brands New Zealand Ltd. held its Annual Shareholders’ Meeting, where both the CEO and Chairman addressed the company’s performance and outlook. The company, operating in the Consumer Discretionary sector under the Hotels, Restaurants & Leisure industry, reported significant achievements and challenges in the fiscal year 2024 (FY24).

CEO’s Address: A Year of Progress Amidst Challenges

The CEO expressed gratitude for the opportunity to discuss the company’s journey over the past year. In FY24, Restaurant Brands New Zealand Ltd. served over 61 million customers and achieved record sales, supported by a dedicated team of more than 12,500 employees across four markets. Despite economic pressures, the company reported margin improvements and top-line growth, attributing success to a comprehensive transformation agenda.

Key highlights from FY24 included the opening of 27 new stores, with a focus on accelerating digital capabilities and enhancing customer and team experiences. These efforts are part of a broader strategy to modernize the business and ensure long-term resilience and relevance of its brands, which include KFC, Pizza Hut, and Starbucks.

Chairman’s Address: Navigating Economic Pressures

The Chairman acknowledged the support of shareholders, employees, and customers, emphasizing their passion for the company’s brands. He outlined the economic challenges faced in FY24, including persistent inflation, elevated living costs, and escalating global trade tensions, which have contributed to a complex operating landscape.

Despite these challenges, the Chairman noted areas of improvement but cautioned that recovery across the company’s regions is expected to be gradual and uneven. Trading conditions remain constrained, and the near-term outlook suggests continued pressure on consumer spending.

Financial Overview

As of May 20, 2025, Restaurant Brands New Zealand Ltd. had a close price of AUD 3.05, with a 52-week high of AUD 3.87 and a low of AUD 2.5. The company’s market capitalization stands at AUD 392,990,000, and it has a price-to-earnings ratio of 14.81. The company is listed on the ASX All Markets stock exchange and operates primarily in New Zealand and Australia.

Looking Ahead

As FY25 progresses, Restaurant Brands New Zealand Ltd. remains focused on navigating the challenging economic environment while continuing to modernize its operations and enhance customer experiences. The company’s commitment to its transformation agenda and strategic initiatives positions it for long-term success in the competitive fast-food industry.