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McDonald’s achieves record sales and profits in Spain with a lower weight of its own restaurants

Summary by El Pais
The branch of the fast food giant fired 50% of its profit in the 2023 financial year

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The branch of the fast food giant fired 50% of its profit in the 2023 financial year

·Spain
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The Spanish branch of the fast food giant reaches a net profit of 88 million euros in 2023 and its sales increase by 17% compared to 2022.

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McDonald’s Spain has recorded a profit of 88.3 million euros in 2023, representing an increase of 48.2% compared to the 76.4 million euros reached in the previous year, and previews a similar evolution for the financial year 2024. Specifically, the turnover of the multinational has reached 496.92 million euros, representing 19% more than the 416.1 million euros recorded in 2022, according to the data recorded by the company in the Mercantile Reg…

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The Spanish branch of the hamburger chain invoiced 1,664 million and earned 83,5 million. It did not pay dividends to its parent in its last financial year, but paid 83,6 million in 'royalties'. Read

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El Pais broke the news in Spain on Tuesday, January 28, 2025.
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