Famous Brands looks to drive-throughs as dividend jumps

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Famous Brands looks to drive-throughs as dividend jumps
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The restaurant group reports an increase in its annual profit

Restaurant group Famous Brands — the owner of Wimpy, Steers, Debonairs and Fishaways — hoisted its dividend and reported a jump in annual profit as it looks to increase its drive-throughs.

The company, valued at R6.3bn on the JSE, said in its results for the year to end-February that it opened three drive-through restaurants in SA in 2023 and will focus on growing this format in 2024...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

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