The company said Wednesday its turnover grew 14.5% and it recorded sales growth in all six markets.
Sales in Greece grew 16% on the year in 2017, Romania posted 15.7% growth, followed by Lithuania (14.8%), Estonia (12.2%), Latvia (10.4%), and Malta (10.3%).
Premier Capital opened seven new McDonald’s restaurants last year: for in Romania, two in Lithuania, and one in Greece. Five other restaurants in Romania were remodeled, the company said.
In 2017, Premier Capital had an operating profit of EUR23.4 million. After accounting for revenues from investments and financial expenditure, the group had a pre-tax profit of EUR20 million, compared with EUR16.5 million in 2016. It said its net assets reached EUR47.6 million in 2017.
The group plans to open 10 new restaurants in the six markets in 2018 and will continue to remodel others.
McDonald’s has 71 restaurants in 21 cities in Romania. It has 4,500 employees locally and serves over 200,000 customers a day.