Restaurant Brands Asia - Burger King India On Track, Indonesia Not There As Yet: Prabhudas Lilladher

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. .Prabhudas Lilladher Report.We remain constructive on Restaurant Brands Asia Ltd. post recent management interaction. We believe Restaurant Brands Asia presents a compelling opportunity to play Burger King brand in India and Indonesia along with Popeyes in Indonesia. BK India remains on track to be profit after tax positive by FY24 led by-rising average daily sales in Burger King,sustained menu innovations (kings and stunner collections),ability to capture higher wallet share with cafe and breakfast andaggressive store expansion targeting 475 Burger King and 350 BK Cafe by FY24. Though footfalls are 20% lower from pre-Covid levels there is scope to increase average daily sales, as India has skirted the fourth wave..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Restaurant Brands Asia - Burger King India On Track, Indonesia Not There As Yet: Prabhudas Lilladher

Restaurant Brands Asia - Burger King India On Track, Indonesia Not There As Yet: Prabhudas Lilladher

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