Behind the success of the world’s most famous quick-service chicken restaurant, the world’s second-largest pizza chain and the US’s leading Mexican-style franchise sits Yum! Brands. With over 55,000 restaurants across more than 155 countries and territories, Yum! Brands is the world’s largest restaurant company by number of restaurants and second only to McDonald’s in total […]
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Vinci is built around the pillars of its concessions and contracting operations. From our perspective, the most attractive part of its business is the large and diversified concessions holdings. These provide the lion’s share of earnings and deliver a stable and reliable income stream for investors. The concessions business is diverse, spanning a wide array
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Automotive parts retailer and wholesaler, Bapcor (ASX:BAP), might struggle to maintain its interim dividend at 10.5 cents a share if its weak update for the half-year to December turns out to be accurate. The company informed the market in a trading update on Monday that, despite a 2% rise in revenue, it now expects proforma
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