Kotipizza Group Oyj announced unaudited consolidated earnings results for the third quarter and nine months ended October 31, 2017. For the quarter, the company reported net sales of EUR 21,846,000 compared to EUR 18,038,000 a year ago. Operating profit was EUR 1,686,000 compared to EUR 1,470,000 a year ago. Profit before taxes was EUR 1,492,000 compared to EUR 1,262,000 a year ago. Profit for the period was EUR 1,267,000 compared to EUR 1,014,000 a year ago. Basic profit for the period attributable to ordinary equity holders of the parent was EUR 0.20 compared to EUR 0.16 a year ago. Comparable EBITDA was EUR 2,438,000 compared to EUR 1,883,000 a year ago. Comparable EBIT was EUR 2,090,000 compared to EUR 1,638,000 a year ago. Reported EBIT was EUR 1,686,000 compared to EUR 1,470,000 a year ago.

For the nine months, the company reported net sales of EUR 62,194,000 compared to EUR 50,329,000 a year ago. Operating profit was EUR 5,018,000 compared to EUR 4,148,000 a year ago. Profit before taxes was EUR 4,400,000 compared to EUR 3,565,000 a year ago. Profit for the period was EUR 3,536,000 compared to EUR 2,798,000 a year ago. Basic profit for the period attributable to ordinary equity holders of the parent was EUR 0.56 compared to EUR 0.44 a year ago. Net cash flows from operating activities were EUR 3,050,000 compared to EUR 4,190,000 a year ago. Investments for tangible assets were EUR 33,000 compared to EUR 124,000 a year ago. Investments for non-tangible assets were EUR 1,044,000 compared to EUR 455,000 a year ago. Comparable EBITDA was EUR 6,468,000 compared to EUR 5,196,000 a year ago. Comparable EBIT was EUR 5,450,000 compared to EUR 4,458,000 a year ago. Reported EBIT was EUR 5,018,000 compared to EUR 4,148,000 a year ago. As at October 31, 2017, the company's net debt was EUR 9,366,000 compared to EUR 8,163,000 a year ago.

For the year 2017, the group estimated that the chain-based net sales will grow by significantly over 15% as compared to previous year, and that comparable EBITDA will increase significantly as compared to previous year.