• Afton Food Group reports positive numbers for 2001

BURLINGTON, Ontario -- Afton Food Group Ltd. (TSE: AFF) announced its system sales rose 4.9 percent to CAN $176.3 million (U.S. $112.2 million), and revenue increased 4.8 percent to CAN $30.9 million (U.S. $19.7 million) for the 12 months ended December 31, 2001.

Earnings before income tax, depreciation and amortization decreased 7 percent to CAN $7.2 million (U.S. $4.4 million) from CAN $7.8 million (U.S. $4.8 million) in the same period a year ago.

In April, Afton announced its plan to merge with Pizza Delight Corp. The combined operations would position the merged company among the top-five restaurant chains in Canada, with in excess of 700 locations and approximately CAN $400 million (U.S. $255 million) in system sales.

Afton brands include: 241 Pizza, Robin's Donuts, Ruffage, Donut Delite Cafe and Mrs. Powell's Bakery Eatery.

Related Content

User Comments – Give us your opinion!
Products & Services

Restaurant Sales Builder

http://global.networldalliance.com/new/images/products/4286.png

4286/Restaurant-Sales-Builder

Self Serve iPad Ordering

http://global.networldalliance.com/new/images/products/5605.png

5605/Self-Serve-iPad-Ordering

Social Security Number (SSN) Verification

http://global.networldalliance.com/new/images/products/SSN_employmentsearch.gif

1426/Social-Security-Number-SSN-Verification

Put your menu in your customers' pocket

http://global.networldalliance.com/new/images/products/1293.png

1293/Put-your-menu-in-your-customers-pocket

Can you prove your restaurant POS is PCI-compliant?

http://global.networldalliance.com/new/images/products/1292.png

1292/Can-you-prove-your-restaurant-POS-is-PCI-compliant

Standard coffee

http://global.networldalliance.com/new/images/products/6963.png

6963/Standard-coffee

PeopleMatter LEARNā„¢

http://global.networldalliance.com/new/images/products/4627.png

4627/PeopleMatter-LEARN

Javarama coffee

http://global.networldalliance.com/new/images/products/6961.png

6961/Javarama-coffee

PeopleMatter SCHEDULEā„¢

http://global.networldalliance.com/new/images/products/4628.png

4628/PeopleMatter-SCHEDULE

Call Center Ordering

http://global.networldalliance.com/new/images/products/5939.png

5939/Call-Center-Ordering

Digital Menu Boards and ROI
Fast Casual Executive Summit
Request Information From Suppliers
Save time looking for suppliers. Complete this form to submit a Request for Information to our entire network of partners.